Germany has blamed others for the global financial crisis, but German loans funded much of the reckless spending. It must now agree to a common mechanism for Europe to pay its way out of crises. Refusing this responsibility endangers Germany and the entire euro project.
A book currently known as "Untitled" by "Anonymous" seems likely to be an insider's look at the downfall of Bernie Madoff.
Bernard Madoff was sentenced to 150 years in prison two years ago Wednesday. The judge in the Bernard Madoff case said a shorter sentence wouldn't suffice.
Maybe individual investors can’t fix the broad regulatory breakdown that has allowed financial frauds to occur, like dodgy mortgage-backed securities and Bernie Madoff’s pyramid scheme. But they can take steps to protect themselves against unscrupulous financial advisers. Knowledge is the best weapon. The more investors know, the less likely they are to be taken advantage of by a dishonest broker. Here are four ways you can ensure your broker is following the rules:
Whistleblower rules to offer tipsters up to 30 percent of the money the government recovers in a fraud. New whistleblower rules will take effect in two months.
Scotland Yard gave President Obama the codename of "chalaque" during his visit to Britain. The Daily Mail says it's a derogatory term in Punjabi. Asra Nomani's grandmother confirms it's not a nice term in Urdu or Hindi either.
House arrest offers major advantages over jail. But the confinement comes with a price – including, in Strauss-Kahn's case, a $200,000-a-month bill for his guards.
Greg Mortenson and his work with school children in Central Asia is under attack. Like many other publications, we ran a story highlighting his good works. Were we wrong?
The failure of a mutual fund or investment house is usually covered by an insurance fund. Here's what to look for.