Goldman CEO tells jury about board confidentiality
NEW YORK (Reuters) - Lloyd Blankfein, the chief executive of Goldman Sachs Group Inc, told jurors at the insider-trading trial of one of the investment bank's former directors that "all parts" of a 2008 board meeting the two attended were confidential.
MF Global trustee: Corzine mismanaged firm's growth
NEW YORK (Reuters) - Jon Corzine failed to address MF Global Holdings Ltd's growing liquidity needs as he tried to build the commodities broker into a global investment powerhouse, helping create the conditions that led to its downfall, a trustee in MF's bankruptcy said on Monday.
AUSTIN, Texas (Reuters) - The chief executive of Chrysler Group LLC said there was "no need" for the No. 3 U.S. automaker to follow its larger U.S. rivals in offering white-collar pension buyouts.
U.S.: Restitution impractical for Stanford victims
(Reuters) - The government said it would be "impracticable" to enforce an order of restitution against financier Allen Stanford to victims of his estimated $7 billion Ponzi scheme and that it should be permitted to compensate fraud victims with forfeited assets.