Financial crisis
Biz Brief: Congress Is Set to Reconcile the Two Financial Overhaul Bills
This week, Congress gets down the final phase of reconciling their respective versions of financial regulatory overhaul. President Obama is pushing to get the bill worked out before the G20 summit in Toronto June 26-27, so that he can rally support for more global coordination of financial regulations.
Goldman Sachs Gets Subpoenaed by the Financial Crisis Commission
The Financial Crisis Inquiry Commission isn't satisfied that Goldman Sachs Group is doing all it can to supply the agency with documents and other information about the bank's role in the credit crisis of 2008.
Warren Buffett on Who's at Fault for the Financial Crisis: Everyone
Before the Financial Crisis Inquiry Commission, The World's Greatest Investor essentially said this: We are all of us, myself included, a bunch of junkies -- and history shows that markets will always oblige us with a fix.
The CEO of Moody's Corp. says his company's inaccurate ratings of mortgage-related investments were "deeply disappointing" but investors shouldn't rely on ratings to buy or sell securities.
Warren Buffett Testifies Before the Financial Crisis Panel
On the hot seat at a financial crisis hearing today, the billionaire investor -- who is Moody's largest shareholder -- said few could have predicted the depth of the housing crisis and that CEOs of rating agencies shouldn't be fired for missing the warning signs.
Will Buffett 'Talk His Book' in Front of Financial Crisis Investigators?
Next week, Warren Buffett will give his expert opinion about the causes of the 2007 Wall Street meltdown to the government's Financial Crisis Inquiry Commission. But will the Oracle of Omaha's testimony be objective, or will it be slanted to benefit his own mammoth investments?
With gold prices setting new highs recently, debate rages over whether it's a bubble likely to burst soon or if further gains lie ahead. Here are some charts on the metal's price movements that may help shed some light on the discussion.
Legal Briefing: Microsoft Steps Up Fight Against Click Fraud
Microsoft has sued click fraudsters. The practice drives up costs for online pay-per-click advertisers. But where are Google and Yahoo, who own huge pay-per-click networks, in this battle?
A sweeping financial overhaul bill was passed by the Senate Thursday aimed at preventing a repeat of the crisis that recently hobbled the U.S. economy. Before becoming law, it must be merged with the House bill passed in December.
Ongoing Disasters Show Why Business Regulation Needs Rethinking
The BP oil spill and the recent financial crisis are just two examples of the fundamental flaws that still exist in how government oversees business. These big problems require a major regulatory overhaul.
DailyFinance Wire
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