WASHINGTON (Reuters) - An explosive report by a court-appointed examiner on the collapse of Lehman Brothers may prove to be a roadmap for prosecutors to bring criminal cases against the investment bank's former executives, legal experts say. The 2,200-page report could lay ...
2009 compensation for Bristol-Myers Squibb CEO Cornelius falls 22 percent amid recession The chief executive of drugmaker Bristol-Myers Squibb Co., James Cornelius, received a 2009 compensation package valued by The Associated Press at $17 million, down 22 percent from 2008, due to ...
<div><p> The uproar over fair value accounting practices, which some critics have blamed for the depths of the global financial crisis, threatens to sink a long-sought move by countries around the world toward a single set of international financial reporting standards [IFRS]. ...
<div><p>Rank-and-file employees at Reynolds American Inc. have something in common with the company's top executives when it comes to the outcry about unearned bonuses and compensation. <p>If participants in Reynolds' annual incentive-award plan receive excess bonus money as the result of an ...
<div id="subtitle">Declaration issued after meltdown summit</div><div><p>Declaration issued after the economic summit in Washington, as released Saturday by the White House:</p><p>1. We, the leaders of the Group of 20, held an initial meeting in Washington on Nov. 15, 2008, amid ...
<div id="subtitle">High River Gold Mines shares down 17% Monday.</div><div><p>Shares of High River Gold Mines (TSX: T.HRG, Stock Forum) tumbled more than 17% to seven cents Monday, after the company announced on Sunday that it will be filing late interim financial statements for ...
<div><p>To get a good job at home, future accounting professionals may first need to work abroad, a new survey contends. Seven of 10 (71 percent) chief financial officers (CFOs) interviewed said international experience would he necessary for accounting and finance professionals five ...
<div><p>A three-judge panel of the U.S. Court of Appeals for the District of Columbia Circuit has upheld a challenge to the validity of the Sarbanes-Oxley Act of 2002 (SOX), noting that the act and the Public Company Accounting Oversight Board (PCAOB) do ...
<div><p>Although records and information management (RIM) professionals may have only a passing acquaintance with the Basel II Framework, it undoubtedly has had a serious effect on their personal lives recently because of its relationship to the financial market crisis. For the same ...
<div><p> Faced with a slowdown in growth, an exodus of foreign investors, a huge corporate accounting scandal at a top , and a make-or-break election, India's government has been struggling to find ways to rev up the economy. First came an $8 ...
