Three former top executives at Dewey & LeBoeuf LLP, once the No. 3 legal adviser to banks handling merger deals, were charged with a “cook the books” fraud scheme that led to the largest law firm bankruptcy in history.
Pennsylvania State University has selected Eric J. Barron, the leader of Florida State University, as its next president, more than two years after a child sexual- abuse scandal linked to the football team rocked the school.
The University of Miami has raised more than $1 billion in its fundraising campaign as President Donna Shalala seeks to bolster medical research and increase financial aid and faculty at Florida’s top-rated college.
George Goodman, the U.S. writer and commentator who provided insights into Wall Street culture and made complex financial concepts simple to viewers of the 1980s TV series “Adam Smith’s Money World,” has died. He was 83.
The University of Alabama opened a new football-training center last February. Any professional team would be happy to have it. The amenities include a $9 million weight room, a hydrotherapy pool with a Club Med–style cascade of hot water and an anti-gravity treadmill that’s more NASA than Nautilus. Coach Nick Saban goes over the finer points of football with his team in a 212-seat theater with a multiplex-sized screen. After practice, players shoot pool or kick back on a leather couch with a video game, Bloomberg Markets magazine reports in its January issue.