The Oracle makes $3.85B bid for ResCap mortgage business; 'the worst is behind us'
Several executives kill themselves amid scandal, shutterings; 'everyone's become a victim'
A jury in Houston found R. Allen Stanford guilty of 13 counts of fraud related to the sale of bogus certificate of deposits. The financier faces up to 20 years in jail for each count.
The worst of the European financial crisis could soon be over, said Art Steinmetz, cio at OppenheimerFunds Inc. But that could mean that things will have to get worse before they can get better.
The switch to Roth IRAs could yield an extraordinary payoff for workers at quantitative-trading specialist Renaissance, while the U.S. Treasury loses.
Shielding assets now a prime concern of the rich; different states, different rules
The Charles Schwab Corp. has moved closer to its goal of opening 12 to 14 franchised branches this year with the recent addition of three locations, said chief executive Walt Bettinger.
