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Nasdaq settles Facebook IPO debacle with SEC
NEW YORK — Nasdaq OMX Group will pay $10 million for botching Facebook's initial public stock offering last year, a debacle that shook investors' confidence in Wall Street. Nasdaq's penalty would be the biggest ever paid by an exchange, said the...Tags: Social Media, Media Industry, Financial Markets, Initial Public Offerings, NYSE Euronext, Inc.
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U.S., Switzerland sign pact to crack down on American tax evaders
The U.S. and Switzerland have signed a pact to crack down on tax evaders by making Swiss banks reveal more information about offshore accounts held by Americans, the Treasury Department said Thursday. The agreement is part of an effort by the U.S. to...
Tags: Swiss Confederation, Internal Revenue Service, U.S. Congress, Rick Perry, U.S. Department of the Treasury
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California's initiative process adds up to a huge waste of money
No one today can overlook that it's California's self-indulgent initiative process that's attracting the big political bucks into the state, the way a magnet attracts scrap iron. Year in, year out, the torrent of spending on initiative campaigns swamps...
Tags: Charity, Environmental Pollution, Jerry Brown, Elections, Justice System
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Swiss bank UBS to cut 10,000 jobs, or 16% of workforce, by 2015
Swiss bank UBS will cut 10,000 jobs as it exits from its fixed-income trading business and tries to cut costs and concentrate on wealth management. The Zurich, Switzerland-based institution, which stated that it is “significantly reshaping its...
Tags: Economy, Business and Finance, Business Enterprises, Citigroup Incorporated, Investment Service, Kweku Adoboli
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Whistleblower Receives Record Reward
KIAHBradley Birkenfeld, a former UBS banker, is now a millionaire thanks to his big mouth. He gave the IRS tips that exposed some shady business by UBS. The bank was allegedly helping wealthy Americans hide their assets offshore. In 2007, Birkenfeld...Tags: Swiss Bank Corporation, Internal Revenue Service
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IRS awards UBS whistleblower Bradley Birkenfeld $104 million
It pays to rat out your tax-dodging clients. A former banker who helped wealthy Americans illegally evade taxes, and later confessed his transgressions and cooperated with the government, has been awarded $104 million in what appears to be the largest-...Tags: Banking, U.S. Department of Justice, Justice System, Internal Revenue Service, Crime, Law and Justice
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IRS Awards UBS Whistleblower $104 Million
CNNNEW YORK -- A former UBS banker who provided information on the firm's vast business of helping wealthy Americans hide their assets from the Internal Revenue Service has received a $104 million whistleblower reward, which his lawyers said was the...Tags: Justice System, Punishment, Internal Revenue Service, Crime, Law and Justice, Lawyers
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The office guide to fashion suicide: flip-flops, shorts, hoodies
If you're rolling into work wearing ripped jeans, strapless tops, a hoodie and flip-flops, know this: Your colleagues disapprove. The vast majority of American workers don't consider the Mark Zuckerburg fashion special to be appropriate attire for the...
Tags: Employees, Kanye West, Adecco SA, Google+, Richard Branson
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U.S. economic outlook worsens after jobs report
WASHINGTON (AP) — The faltering U.S. job market has prompted economists to take a much dimmer view of the country’s growth prospects. That’s a shift from just a few weeks ago, when many were upgrading their forecasts. Friday’s...
Tags: Employment, Wells Fargo & Co., Economy, Business and Finance, Manufacturing and Engineering, Federal Reserve
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Romney's mountain of wealth could cause loud echo
WASHINGTON (AP) — Mitt Romney's tax returns tell the tale: Yes, he's rich — really rich. His returns, spanning more than 500 pages and released under political pressure Tuesday, represent an extraordinary financial accounting of one of the...Tags: Economy, Business and Finance, Parties and Movements, Republican Party, Washington, DC, White House
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Romney's wealth could cast a big shadow
WASHINGTON (AP)— Mitt Romney’s newly released tax returns represent an extraordinary accounting of the household finances and far-reaching corporate investments of one of the richest U.S. presidential candidates in generations, with an...Tags: Parties and Movements, Economy, Business and Finance, Republican Party, Washington, DC, White House
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Citigroup shares slip after bank announces 4,500 layoffs
Money & CompanyCitigroup Inc. shares fell on Wednesday after Chief Executive Vikram Pandit said the bank will lay off 4,500 employees as it attempts to trim costs in an "extremely challenging operating environment."...
May 30, 2013
|Story| Los Angeles Times
Feb 14, 2013
|Story| Los Angeles Times
Nov 4, 2012
|Column| Los Angeles Times
Oct 30, 2012
|Story| Los Angeles Times
Sep 14, 2012
|Story| KIAH-LTV
Sep 11, 2012
|Story| Los Angeles Times
Sep 12, 2012
|Story| KTLA-LTV
Jul 24, 2012
|Story| Los Angeles Times
Jun 5, 2012
|Story| Petoskey News
Jan 24, 2012
|Story| WSBT-TV
Jan 24, 2012
|Story| Petoskey News
Dec 7, 2011
| Los Angeles Times
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