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Former Porsche executives could soon face charges

Wiedeking and Haerter have been accused of pursuing plans for Porsche to take over much larger carmaker Volkswagen and their real crime is that they failed. Instead Volkswagen is now taking over...

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Spain: Draft decree to include salary caps for executives at failed banks.

The proposed legislation, to which EL PAÍS has had access, cuts the maximum annual fixed salary for managers with executive functions from 600,000 euros to 500,000 euros in banks over which the Bank...

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Too Big To Jail: Wall Street Executives Unlikely To Face Criminal Charges,...

A last-ditch effort by federal and state law enforcement authorities to hold Wall Street accountable for nearly bringing down the U.S. economy is unlikely to lead to any criminal charges against big...

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Airline executives urge airport security overhaul.

Airport security needs to undergo a radical overhaul or else passengers will become further disgruntled, lines will grow and terminals will be overwhelmed, airline executives said Tuesday at a global...

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Executives at collapsed Iceland bank jailed for fraud.

Two former executives at an Icelandic bank which collapsed in the 2008 financial meltdown were sentenced to jail on Friday for fraud which led to a 53 million euro loss, in the first major trial of...

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Fisker co-founder Henrik Fisker leaves company amid clash with executives.

The privately-owned company has been in talks with potential investors as production of its plug-in hybrid luxury cars stalled last summer due to bankruptcy of battery supplier, A123 systems. WT news...

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IBM executives head to Washington to press lawmakers on cybersecurity bill

Over the course of those two days, their mission is to convince lawmakers to back a bill that’s intended to make it easier for industry and government to share information about cyber threats with each...

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Two tech executives quit Mark Zuckerberg’s Fwd.us political group

Elon Musk, the billionaire co-founder of electric car maker Tesla Motors, chief executive of SpaceX and chairman of solar-energy company Solar City; and David Sacks, CEO and founder of Yammer, both...

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Budget request denied, Sebelius turns to health executives to finance Obamacare.

Health and Human Services Secretary Kathleen Sebelius has gone, hat in hand, to health industry officials, asking them to make large financial donations to help with the effort to implement President...

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Sweden probes former Saab executives in tax investigation.

Swedish prosecutors have detained the former chief executive of bankrupt car maker Saab and two others in an investigation into suspected tax offences relating to the running of the company, officials...

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Swiss to Vote on Basic Income for All Adults and Maximum Wage Limits for...

Switzerland will hold a vote on whether to introduce a basic income for all adults, in a further sign of growing public activism over pay inequality since the financial crisis. BlackListedNews.com

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Barclays Executives Knew of Libor Lowballing, Guardian Claims

Current and former executives at Barclays Plc (BARC) knew that the bank submitted lower-than-accurate Libor rates as early as 2007, according to transcripts of conversations between executives cited...

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Federal Judge Hammers Justice Department for Not Prosecuting Wall Street...

Federal judge Jed Rakoff criticized the Justice Department’s failure to prosecute Wall Street executives for the financial crash, saying high-level government officials fear that they too may be...

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