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More than two years after the collapse of Lehman Bros., Burbank is still pining for the $10 million it lost in the deal. Following Lehman’s declaration of bankruptcy in September 2008, Burbank filed a lawsuit alleging top executives of the...
How do the wealthy stay wealthy? The mandatory financial disclosure released last week by commerce secretary nominee Penny Pritzker provides a rare look at an American billionaire's entire investment portfolio. Pritzker inherited much of her wealth,...
Almost three years ago, when Goldman Sachs Group Inc. paid $550 million to settle fraud accusations by the Securities and Exchange Commission, one of the claims was that Goldman misled the bond-insurer ACA Financial Guaranty Corp. in a horribly complex...
The state Public Utilities Commission will schedule a formal hearing on whether to make Uber Technologies, which lets Baltimore customers hail a town car by smart phone, abide by regulations that govern taxi companies. The app-driven startup company Uber...
J.C. Penney Co. real estate holdings -- stores, distribution centers and headquarters -- are worth a total of $4.06 billion. The appraisal was disclosed on Tuesday in a presentation to potential lenders that was also filed with U.S. regulators. The 306...
Officials at Bloomberg, the New York financial news and information service, scrambled to deal with an unfolding customer privacy scandal after admitting its journalists had snooped on business clients for years through its network of terminals ubiquitous...
ReutersBloomberg News Editor-in-Chief Matthew Winkler on Monday apologized for allowing journalists “limited” access to sensitive data about how clients used Bloomberg terminals, calling it “inexcusable." But he insisted that important...
Wouldn't it be nice if investing in the stock market were as easy as Bank of America Corp. is making it look? The second-largest U.S. lender this week settled a five-year legal battle with MBIA Inc., the struggling bond insurer, over losses tied to bad...
Tribune reporterGlobal Brass & Copper Holdings Inc., a Schaumburg-based distributor and processor of copper and brass products, is planning an initial public offering of nearly 9.4 million of its shares for $15 to $17 a share. The company, whose chief investor is New...
Bloomberg Chief Executive Daniel L. Doctoroff admitted that giving its journalists access to some subscriber information for its data terminals was "a mistake." The company went into damage control mode last week shortly after it disclosed that...
The Securities and Exchange Commission is certainly looking all spiffy and new these days. Mary Jo White, the former federal prosecutor and Debevoise & Plimpton law partner, has taken over as chairman. She tapped her longtime deputy at the Southern...
For a while, J.C. Penney and Best Buy seemed to be doppelgangers. The two retailers struggled with intensifying competition after years of comfortable stagnation. Beset by Wall Street skepticism and shaky consumer loyalty, each made sweeping attempts at...
Feb 8, 2011 |Story| Burbank Leader
May 19, 2013 |Column| Chicago Tribune
May 17, 2013 |Column| Allentown Morning Call
May 15, 2013 |Story| Baltimore Sun
May 14, 2013 |Story| Chicago Tribune
May 14, 2013 |Story| Los Angeles Times
May 13, 2013 |Story| Chicago Tribune
May 13, 2013 |Column| Allentown Morning Call
May 13, 2013 |Story| Chicago Tribune
May 13, 2013 |Story| Los Angeles Times
Apr 30, 2013 |Column| Allentown Morning Call
May 10, 2013 |Story| Los Angeles Times
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