Did Bank Transfer Day work? Over the weekend, many Americans came out to protest big banks, and while there's no hard data yet to gauge the day's impact, credit unions around the country are reporting a continuing upsurge in interest. And the protests don't appear to be fading.
Tribune Co. creditors are suing for billions of dollars in damages, alleging Tribune Chairman Sam Zell and lender JPMorgan Chase pushed the company into bankruptcy when Zell purchased it mainly with debt in 2007.
Tribune CEO Randy Michaels is expected to resign after The New York Times reported he has fostered a sexist "frat house" culture at the news company. Employees said he encouraged sexual innuendo, profanity, poker parties and other bawdy behavior, according to the story.
