Prosecutors Want Madoff's Bail Revoked
The disgraced financier Bernard L. Madoff tried to hide at least $1 million in watches and jewelry from government investigators and should have his bail revoked and sent to jail immediately, federal prosecutors told a judge Monday afternoon.
The newly aggressive stance by prosecutors appeared to mark a serious deterioration in relations between the government and Mr...
Should Congress Put a Cap on Executive Pay?
IT'S no wonder that voters'outrage over exorbitant executive pay is mounting. After all, the government just had to bail out financial firms that paid big bonuses last year to many of the same executives who helped precipitate the current financial crisis.
The Irish Economy's Rise Was Steep, and the Fall Was Fast
The developer Sean Dunne and his wife, Gayle Killilea, at home in Dublin. It is not known whether Mr. Dunne will fall victim to the global financial crisis, but there is no doubt Ireland has.
IT'S 3 a.m. at Doheny & Nesbitt, a favorite watering hole of Dublin's political and business elite, and the property tycoon...
When the U.S. Sneezes, Mexico Catches Cold
Workers at a Pemex oil field in Campeche, Mexico. The state-owned oil company faces declining production.
Mexico is credited with prudent policies that have reduced debt and tamed inflation, but that has not saved it from the pain of global recession.
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