| Former Stanford CFO pleads guilty to $7B fraud Stanford Financial Group’s former CFO pleaded guilty Thursday to fraud and obstruction charges stemming from a $7 billion scheme to defraud investors. feeds.bizjournals.com |
Firms get set for spike in receiverships Two high-profile Twin Cities properties, Hotel Ivy and Woodbury Lakes shopping center, have fallen into receivership in recent weeks and real estate experts expect more properties will follow in the months ahead. feeds.bizjournals.com |
Morgan Stanley gives world stocks a lift (AP) European and U.S. stock markets rose modestly Wednesday after solid earnings from U.S. bank Morgan Stanley. The euro, meanwhile, broke above $1.50 for the first time in over a year as the dollar extended its retreat. us.rd.yahoo.com |
Life Time Fitness Getting Winded Cost cutting is down to the bone and the charts suggest that bears have the upper hand in shares of this health club chain. forbes.com |
Why Cutting Pay Will Make Goldman Bankers Richer (at Minyanville.com) The financial giant will dodge Main Street's bullet, again. us.rd.yahoo.com |