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Lehman report blames top executives
A one-year probe into the collapse of Lehman Brothers found âcredible evidenceâ that top executives, including the former chief Dick Fuld, approved misleading financial statements and used an âaccounting gimmickâ to flatter results
France and UK seek hedge fund deal
Gordon Brown and Nicolas Sarkozy are to try to hammer out a compromise deal over European Union reforms that the US and UK believe could damage the hedge fund and private equity industries
Eurozone industrial production speeds ahead
Industrial production in the eurozone grows at its fastest level for over 20 years in January, amid signs of a far more sustained recovery than had been seen previously
Solid economic data paint positive backdrop
Global Markets Overview: Record rise in eurzone industrial production and strong US retail sales data help global stocks build on Wall Streetâs overnight advance
Yara refuses to raise $4.1bn Terra bid
Norwegian fertiliser producer says it will not increase its all-cash $4.1bn offer for US Terra, paving the way for US CF Industriesâ rival $4.7bn cash-and-shares offer to acquire the company
Retail Sales Take A Surprising Turn In February
The Commerce Department said retail sales rose 0.3 percent last month — surpassing expectations that sales would decline by 0.2 percent — as consumers did not let major snowstorms stop them from storming the malls.
We Bought A Toxic Asset; You Can Watch It Die
Remember those complicated bonds full of home mortgages? The ones that almost brought down the economy? A team of NPR reporters used $1,000 of their own money to buy a tiny piece of one — and plan to track it until it dies.
Report Details What Led To Lehman's Collapse
A 2,200-page bank examiners' report released Thursday details what went wrong that led to the collapse of Lehman Brothers, the largest bankruptcy in U.S. history. It shows Lehman executives had been using accounting gimmicks to camouflage billions of dollars of debt.
Family Farms Dwindle, Administration Probes Why
U.S. Attorney General Eric Holder and Agriculture Secretary Tom Vilsack launch a series of workshops Friday delving into agriculture anti-trust issues. Some big agribusiness firms say the forums will showcase a well functioning, free market. Many producers think the probe will expose a system increasingly hostile to traditional family farms.
Most States Have No Laws Against Freelance 'Repos'
The auto repossession industry is big business. Two million cars were repossessed last year. A report from the National Consumer Law Center says most of those are done without the involvement of courts or police. These so-called self-help repos have caused at least six deaths in recent years.
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