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Wednesday, April 7, 2010 as of 11:14 AM ET

Adam Smith

Adam Smith

Adam Smith (baptised 16 June 1723 – 17 July 1790 ) was a Scottish social philosopher and a pioneer of political economy.

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UK PM Rejects Call To Probe Culture Minister's Conduct

U.

K. culture minister Jeremy Hunt will not face a separate investigation into whether he breached ministerial rules, Prime Minister David Cameron's spokesman said Friday after the main opposition party accused the government of a cover-up.Opposition lawmakers have called for the minister for culture media and sport to resign over allegations he was too close to media giant News Corp. (NWS, NWS.AU, NWSA) during a regulatory review of the company's bid for full control of British Sky Broadcasting Group PLC (BSY.LN, BSYBY) last year.Hunt's special adviser Adam Smith resigned Wednesday after admitting that evidence which surfaced during an inquiry by Brian Leveson, a government-appointed judge who is examining media practices, suggested News Corp. had too close a relationship with his department during the regulatory process.Hunt has said he acted with "scrupulous fairness throughout" the handling of the BSkyB deal and Cameron has said he has full confidence in him.The culture minister has...

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  1. Rajaratnam Found Guilty of Insider Trading

    Raj Rajaratnam, the billionaire founder of New York City hedge fund Galleon Group, was found guilty Wednesday of insider trading in one of the most high-profile insi...

  2. Rajaratnam's Fate Soon to Be Decided

    Jury deliberations are expected to begin Monday in the closely-watched insider trading trial of ex-Galleon hedge fund founder Raj Rajaratnam. The stakes are high for...

  3. Defense presses trial jury to acquit Rajaratnam

    By Jonathan Stempel and Grant McCoolNEW YORK (Reuters) - Raj Rajaratnam's lawyer took his last shot at a trial to keep his client out of prison, telling jurors on Th...

  4. Closing Arguments Begin in Rajaratnam Case

    FBN's Connell McShane with the latest details from the insider trading case.

  5. Closing Arguments Set for Wednesday in Historic Insider Trading Case

    Closing arguments begin Wednesday in the insider trading trial of Raj Rajaratnam, the Galleon hedge fund owner at the center of the government’s largest crackdown of...

  6. Rajaratnam can call a "Superman" to trial: judge

    By Grant McCoolNEW YORK (Reuters) - Hedge fund manager Raj Rajaratnam hopes a "Superman" will be able to help him win over the jury at his insider trading trial.The ...

  7. Rajaratnam defense to present its case for NY jury

    By Grant McCoolNEW YORK (Reuters) - Now it is hedge fund manager Raj Rajaratnam's lawyers' turn to make their case at his insider trading trial on Monday that the go...

  8. Defense to call ex-Rajaratnam fund COO to testify

    By Basil KatzNEW YORK (Reuters) - Raj Rajaratnam's lawyers plan to call five witnesses to testify for the defense at his insider trading trial, including a former to...

  9. Rajaratnam Trial Lawyers Push Research Defense

    Raj Rajaratnam did not pick stocks alone. He had a team of researchers at his Galleon Group hedge fund to grind through the rumor mill and anticipate a good bet.This...

  10. Rajaratnam made frantic calls on Goldman tip-trial

    By Basil Katz and Grant McCoolNEW YORK (Reuters) - Hedge fund manager Raj Rajaratnam made millions in two minutes of frantic calls after receiving an inside tip abou...

  11. Ex-Galleon Manager Says He Fed Rajaratnam Tips

    A former portfolio manager at Raj Rajaratnam's Galleon Group described pressure at the hedge fund to get "an edge" in trading and said he gave inside tips from a Mor...

  12. Corporate Freeloaders (This Weekend on FNC)

    March 23, 2011 04:59 PM UTC by John StosselCorporate Freeloaders (This Weekend on FNC)This weekend (stay tuned for official airdate), I will air my new FOX News spec...

  1. News Corp. CEO Testifies in London

    FBN’s Diane Macedo breaks down the stories moving the markets around the world.

  2. Do Pickles Hold the Key to Economic Prosperity?

    LearnVest’s office is based in New York City, and many of us live in Brooklyn, an area often the butt of hipster jokes worthy of the new TV show Portlandia.Like many...

  3. The GOP Primary Shuffle

    Rolling Stone’s Matt Taibbi on his latest article surrounding the battle for the 2012 Republication nomination for president.

  4. Saut: Debt Ceiling Debate Shows DC Dysfunction

    Jeff Saut, chief economist at Raymond James, weighs in on the new debate over the debt ceiling and how it affects investing.

  5. What Should Obama Include in Jobs Plan?

    Forbes Media Chairman Steve Forbes on how the Administration can help stimulate the economy to boost business and job growth.

  6. Increased Spending is Immoral

    Arthur Brooks of the American Enterprise Institute discusses why we need to cut spending.

  7. 7 Tips for The First-Time Home Seller

    Memo to first-time home sellers: This is not your father's housing market .Today's buyer-take-all bonanza is a boon for fence-sitters and buyers with great credit an...

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