Government And Institutions

Gov't Pensions Make Big Bucks Off 'Corp Deserters'

It’s not just fat cat hedge funds, banks, or Wall Street investment companies that benefit when U.S. companies cut their tax bills by moving their headquarters overseas via mergers with foreign concerns.

Bitcoin Legalized in California

Digital currencies such as Bitcoin and customer-reward points are now legal forms of payment in the state of California.

Full Text: Supreme Court Rules Against Aereo

In a landmark ruling, the U.S. Supreme Court ruled online television service Aereo breaches copyright laws by retransmitting broadcast television over the Internet. The move is a major win for a slew of broadcasters, including ABC, NBC, and 21st Century FOX, the parent of FOX Business Network.

Big U.S. Fines Have Euro Bankers Worried: Report

A crackdown by U.S. regulators on European banks has European Central Bank officials concerned that the stiff penalties could further destabilize Europe’s already fragile banking system.

People Commit Fraud, Not Banks

The government seems to have adopted an 'either or' strategy when it comes to investigating the fraud that contributed to the financial crisis. Why not huge settlements and perp walks?

Why Us and Not Them?

Exclusive: Former execs convicted of various crimes discuss the DOJ's strategy to seek settlements rather than target individuals involved in the '08 crisis.