The New York Times reports today that the NASD has filed a complaint against Morgan Stanley, asserting that the bank “routinely fail[ed] to provide e-mail messages to aggrieved customers who had filed arbitration cases against the firm” over a 3 1/2 year period, and that Morgan Stanley further made “false claims that millions of e-mail…
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Murdoch ordered Regan’s firing
In this interesting piece from the New York Times it is reported that Judith Regan was fired after her intemperate behavior provoked the News Corp head honcho himself, Rupert Murdoch. If this account is true, it would lessen the likelihood that Regan’s firing was the result of a personal feud she was said to have…
Government sues former Fannie Mae executives
Federal regulators have filed a complaint against former Fannie Mae executives, seeking more than $100 million in fines. Read the Washington Post’s story here, and read more below the fold.
Tara, you’re not fired
Evidently Donald Trump will not fire Miss USA, Tara Conner. Now, back to our regularly scheduled programming. Source: The New York Times “The Lede” blog
Conservative Va. parishes bolt Episcopal Church
This story has been all over the news. If you missed it, howver, two very large, very well funded Episcopal (or, formerly Episcopal) parish churches in Virginia, Truro Church and The Falls Church, have voted to disaffiliate from the Episcopal Diocese of Virginia and from the national Episcopal Church. Why is this a business litigation…
Swiss Banks Aren’t What They Used to Be
At least, not according to Peter Mikutta, a German millionaire who is suing CitiBank for breach of fiduciary duty, claiming that the bank failed to monitor activity in his account and that, as a result, a bank employee was able to falsify Mr. Mikutta’s signature on documents that enabled the employee to divert fund to…
Judith Regan to Sue News Corp
The New York Times reports today that, surprise, surprise, Judith Regan intends to fire News Corp., the parent company of Regan’s former employer, publisher HarperCollins, which includes the eponymous ReganBooks, over her termination.
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