Jailed Enron CEO Jeffrey Skilling Will Get Prison Term Shortened
Federal prosecutors and attorneys for convicted ex-Enron CEO Jeffrey Skilling have reached a deal that will trim his sentence for his role in the energy giant's collapse.
Federal prosecutors and attorneys for convicted ex-Enron CEO Jeffrey Skilling have reached a deal that will trim his sentence for his role in the energy giant's collapse.
The latest federal inquiry to focus on JPMorgan Chase bears uncomfortable similarities to one of the most notorious chapters in U.S. business history: the Enron scandal.
Jeffrey Skilling, the former Enron Corp. chief executive serving a 24-year prison term for the energy company's spectacular collapse, may get a chance to leave prison early.
The end of the year is fast approaching, so you've only got a few days left to make changes to your 401(k) for 2012. These five tips will help you make the most of that limited time, and put you on track in your efforts to make your golden years as comfortable as possible.
According to the National Bureau of Economic Records, December 2007 is the when the Great Recession began. Five years later, the economy still hasn't recovered. DailyFinance takes a look back.
Investors, it turns out, you really can't trust the numbers you see in those quarterly reports: Researchers at Emory and Duke universities say that at any given time, about 20% of publicly traded firms are misrepresenting their earnings.
Wall Street's big banks paid out $156 billion last year in salaries, bonuses, and benefits. Yet while investment bankers' checking accounts were growing, their retirement savings took a massive hit -- and much of the reason can be traced to one common investing mistake.
Financial adviser Nicole Seghetti has seen the same money-management mistakes time and time again, and one of the most common is among the most basic: having too much money in a single investment. But there's far more than one way to end up in that position.
Enron may be the most infamous, but it's just one of many instances of financial chicanery in recent corporate history. Examples of such shenanigans are rich, ripe, and recurring, right up to the present.
As the price of oil has soared over the past few months, an army of commentators has accused "speculators" of manipulating the oil market to profit from the misery of the American people. But how much are these big investors to blame for our pain at the pump, and how much is simply a matter of supply and demand?
Jeffrey Skilling, the former Enron chief executive officer who is serving a 24-year prison sentence for fraud, is seeking a new trial over government objections. Could Skilling soon regain his freedom?
The Texas AG is investigating Google for allegedly manipulating search results to hurt its competitors, which could be an antitrust violation. Three companies, two in the U.S. and one in the U.K., have all complained of Google search manipulation.
The infamous McDonald's coffee lawsuit has a sequel. A mother has sued the fast-food giant because too-hot chocolate burned her daughter. But the coffee suit was much stronger than was reported and may bolster the new case.










