United States. Securities and Exchange Commission
Representative Christopher Cox, a devoted student of Ayn Rand and a staunch advocate for unfettered capitalism, has been nominated by President George W. Bush to head the Securities and Exchange Commission (SEC). This appointment marks a significant shift in the agency's tone, as Cox's conservative economic
United States. Securities and Exchange Commission
William Donaldson, the outgoing chairman of the Securities and Exchange Commission, has left a lasting impact on the agency during his 28-month tenure. Despite his abrasive style and disputes with Republican members, Donaldson's focus on fairness and honesty in the financial markets has been widely praised. He inherited
United States. Securities and Exchange Commission
Warren Buffett, the chairman and chief executive of Berkshire Hathaway, and Maurice R. Greenberg, the former chief executive of American International Group (A.I.G.), are being investigated for their use of finite reinsurance in contracts between the two companies. The investigation, led by New York Attorney General Eliot Spitzer,
United States. Securities and Exchange Commission
Warren Buffett, the chairman and CEO of Berkshire Hathaway, is widely regarded as one of the most respected business leaders in the world. With a net worth of $44 billion, Buffett sits second on the Forbes richest list, yet he has maintained an unblemished reputation, earning the admiration of his
United States. Securities and Exchange Commission
In a continuation of the high-profile accounting scandals that plagued the telecommunications industry in the late 1990s, the Securities and Exchange Commission (SEC) has filed new lawsuits against former executives at Qwest Communications, alleging that they defrauded investors by overstating the company's growth. This move comes on the
United States. Securities and Exchange Commission
The Securities and Exchange Commission (SEC) has filed a lawsuit against seven former Qwest Communications executives, including former CEO Joseph P. Nacchio, accusing them of orchestrating a $3 billion accounting fraud to deceive investors during the telecommunications bubble. The SEC is seeking to force the executives to return their ill-gotten
United States. Securities and Exchange Commission
In recent months, a series of class action lawsuits has been filed against investment advisors and directors, alleging that the funds they managed held shares in companies that settled securities class action cases in the past four years but did not file a proof of claim, thereby missing out on
United States. Securities and Exchange Commission
Despite the looming January 16, 2006, compliance date for new Securities and Exchange Commission rules requiring that 75% of a mutual fund board be independent, an independent director search service has received little interest from fund managers looking to find qualified candidates. Irving Straus, chairman of Straus Corporate Communications, launched
United States. Securities and Exchange Commission
Glamis Gold Ltd. has announced that it is increasing its take-over bid for all of the common shares of Goldcorp Inc. by raising the price from 0.89 to 0.92 of a Glamis common share for each Goldcorp common share. This represents an additional value of $0.49 per
United States. Securities and Exchange Commission
Glamis Gold Ltd. has announced a takeover bid for Goldcorp, a move that could potentially shape the future of the gold mining industry. In a press release dated February 7, 2005, Glamis outlined the terms of its offer, which includes a registration statement filed with the U.S. Securities and
NCAA
The Tennessee Lady Vols, one of eight Southeastern Conference (SEC) teams receiving NCAA Tournament invitations, is looking to make history by claiming a fourth consecutive national championship. Coach Pat Summitt's team has been awarded the East Region's No. 1 seed, and they will host Appalachian State
Florida
The University of Florida's 1996 football team made a strong case for being the most dominant force in Southeastern Conference (SEC) history, with statistics and records that stand alongside some of the greatest teams in the conference's past. However, like any great team, they had their
