TOP 100 FINANCIAL SITES
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| Lawyer Gets 2 Years For Lawsuit Kickbacks A former partner at a well-known New York law firm was sentenced to two years in federal prison for his role in a lucrative kickback scheme involving class-action lawsuits totaling an estimated $250 million. feeds.cbsnews.com |
Ambac rating still on review for downgrade: Moody's NEW YORK (Reuters) -Moody's Investors Service on Friday said ratings on the insurance arm of Ambac Financial Group remain on review for downgrade, adding the insurer is around $2 billion short of its "target" capital level for an "Aaa" company. feeds.reuters.com |
Fannie Mae, Freddie Mac get U.S. OK to buy more mortgages The federal government loosens strict capital requirements on Fannie Mae and Freddie Mac, allowing them to inject billions of dollars into the sagging mortgage market by buying more loans. feeds.marketwatch.com |
Volkswagen Recalls 410,000 Passats Volkswagen Group of America Inc. says it is voluntary recalling about 410,000 gasoline-powered Passats because of potential problems including damage to a heat shield. feeds.feedburner.com |
Immelt works to reassure shareholders at GE's annual meeting ERIE, Pa. (AP) -- General Electric Co.'s annual meetings are typically upbeat affairs as executives showcase the company's successes to satisfied shareholders of one of the world's most diversified and successful companies.... hosted.ap.org |