Entries tagged "Worldcom"
Although GM is a massive company spanning the globe, its bankruptcy is not the largest filing in U.S. history.
The insurer, which reportedly paid out $215 million in bonus, 30% greater than the widely reported $165 million figure, may be considering a name change.
Anyone looking forward to high-profile "perp-walks" as a result of fraud in the wake of the current financial crisis better consider another form of entertainment because the Federal Bureau of Investigation, the agency taking the lead in the investigations of potential fraud at failed banks, reportedly is finding that its own resources and finances are lacking. ...
At least one question has been answered by Monday's Chapter 11 filing of Lehman Brothers Holdings Inc....
