NYT > Business (4 unread)
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Convictions of Supervisors at Stock Exchange Overturned
Posted: July 30th, 2008, 11:54pm EDT by By THE ASSOCIATED PRESS
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A federal appeals court overturned the securities fraud convictions of two of the floor supervisors, likely to be the final blow to the ill-fated prosecution of 15 New York Stock Exchange specialists.
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House Passes Ban on Lead in Toys
Posted: July 30th, 2008, 11:48pm EDT by By THE ASSOCIATED PRESS
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The House voted overwhelmingly to ban lead and some dangerous chemicals from toys and other items that could end up in children’s mouths.
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Law Firm Seeks Publicity for Société Générale Class-Action Suit
Posted: July 30th, 2008, 11:48pm EDT by By KATRIN BENNHOLD
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American lawyers seeking to bring a class-action lawsuit against the French bank Société Générale over its billions of euros in unexpected losses came to France on Wednesday looking for publicity, and plaintiffs.
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Accounting Board Delays an Asset Rule
Posted: July 30th, 2008, 11:45pm EDT by By FLOYD NORRIS
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The Financial Accounting Standards Board voted unanimously to delay a new accounting rule aimed at forcing banks to put more assets on their balance sheets rather than hide them.