Items by By LESLIE WAYNE
NYT > Business
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Chinese Drywall Linked to Corrosion
Posted: November 24th, 2009, 3:28am EST by By LESLIE WAYNE
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Federal investigators reported a “strong association” between chemicals in Chinese drywall and complaints by homeowners of metal and electrical corrosion.
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Regulators Push Safety Standards for A.T.V.’s
Posted: November 24th, 2009, 3:23am EST by By LESLIE WAYNE
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An influx of faulty Chinese-made all-terrain vehicles is challenging the Consumer Product Safety Commission.
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F.D.A. Fighting False Online Claims About Swine Flu Treatments
Posted: November 6th, 2009, 1:25am EST by By LESLIE WAYNE
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The Food and Drug Administration has identified 140 different dubious products sold online and has sent letters to 75 manufacturers.
NYT > Health
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F.D.A. Fighting False Online Claims About Swine Flu Treatments
Posted: November 6th, 2009, 1:25am EST by By LESLIE WAYNE
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The Food and Drug Administration has identified 140 different dubious products sold online and has sent letters to 75 manufacturers.
NYT > Business
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Thousands of U.S. Homeowners Cite Drywall for Ills
Posted: October 7th, 2009, 11:16pm EDT by By LESLIE WAYNE
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Tainted drywall installed in post-hurricane building booms has caused health problems, homeowners say.
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Fight Grows Over Labels on Household Cleaners
Posted: September 16th, 2009, 11:26pm EDT by By LESLIE WAYNE
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Companies struggle to look environmentally friendly while keeping their “secret sauces” away from competitors.
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Corporations Take a Low-Key Approach to Event Sponsorship
Posted: August 12th, 2009, 1:17am EDT by By LESLIE WAYNE
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Worried about seeming ostentatious, major businesses that entertain clients do so very quietly.
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California Pension Fund Hopes Riskier Bets Will Restore Its Health
Posted: July 23rd, 2009, 11:24pm EDT by By LESLIE WAYNE
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The new investment chief of California’s biggest pension fund thinks he can help it recover from losing almost a quarter of its portfolio last year.
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Calpers Sues Over Ratings of Securities
Posted: July 15th, 2009, 12:56am EDT by By LESLIE WAYNE
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The public pension fund has filed suit in California in connection with $1 billion in losses that it says were caused by “wildly inaccurate” credit ratings from the three leading ratings agencies.
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Regulator Reviews Troubles in Municipal Bond Securities
Posted: July 1st, 2009, 1:52am EDT by By LESLIE WAYNE
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Finra, an industry-funded regulatory body, says financial firms that advised local governments could face disciplinary action.
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A Promise to Be Ethical in an Era of Immorality
Posted: May 30th, 2009, 7:28am EDT by By LESLIE WAYNE
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A new oath to be taken by graduates of Harvard Business School next week says, in effect, that greed is not good.
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Go-Between Tied Funds to Carlyle
Posted: May 15th, 2009, 1:50am EDT by By LESLIE WAYNE
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David Leuschen, formerly an energy specialist with Goldman Sachs, brought in billions from state pension funds to a joint venture with the Carlyle Group.
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Goldman Pays to End State Inquiry Into Loans
Posted: May 12th, 2009, 1:16am EDT by By LESLIE WAYNE
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In the first major settlement involving Wall Street’s role in the subprime mortgage business, the bank will pay up to $50 million to mortgage holders and $10 million to Massachusetts.
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Money Fund Managers Are Accused of a Fraud
Posted: May 6th, 2009, 12:17am EDT by By LESLIE WAYNE
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Federal regulators said the managers of the Reserve Primary Fund failed to disclose its vulnerability after the collapse of Lehman.
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Connecticut Dismisses Pension Adviser Accused of Fraud
Posted: May 4th, 2009, 11:27pm EDT by By LESLIE WAYNE
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The state treasurer terminated a contract with Aldus Equity Partners “out of an abundance of caution.”
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Public Pension Managers Rethink Hedge Fund Ties
Posted: April 15th, 2009, 1:37am EDT by By LESLIE WAYNE
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Some public pension funds have suffered losses along with the hedge fund industry’s fortunes.
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Bank of America Accused in Ponzi Lawsuit
Posted: March 28th, 2009, 12:51am EDT by By LESLIE WAYNE
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A class-action lawsuit against Nicholas Cosmo says his Long Island office effectively had its own Bank of America branch.
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Madoff Must Stay in Prison, Appeals Court Says
Posted: March 21st, 2009, 1:24am EDT by By LESLIE WAYNE
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Bernard L. Madoff had ample opportunity to move money abroad and, facing 150 years in prison, has incentive to flee, the three-judge panel ruled.
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New Jersey Sues Over Its Lehman Losses
Posted: March 18th, 2009, 2:31am EDT by By LESLIE WAYNE
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The state contends that fraud and misrepresentation at the bank Lehman Brothers had caused the state’s public pension fund to lose $118 million.
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$25 Billion to Promote Electric Cars Is Untouched
Posted: February 27th, 2009, 7:13am EST by By LESLIE WAYNE
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Seventy-five companies have applied but funds from the Energy Department have yet to be allocated.
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Inquiry Started of Financier Who Invested With Madoff
Posted: January 16th, 2009, 1:32am EST by By LESLIE WAYNE
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The New York attorney general has issued subpoenas to determine whether J. Ezra Merkin defrauded universities and charities when he invested their money with Bernard L. Madoff.
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No Word on GMAC Vote as Deadline Expires
Posted: December 29th, 2008, 2:32am EST by By LESLIE WAYNE
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The result of a bondholder vote to raise capital had still not been announced two days later.
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No Word on GMAC Vote as Deadline Expires
Posted: December 29th, 2008, 2:32am EST by By LESLIE WAYNE
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The result of a bondholder vote to raise capital had still not been announced two days later.
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GMAC’s Bondholders Near Crucial Deadline
Posted: December 24th, 2008, 12:57am EST by By LESLIE WAYNE
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If GMAC becomes a bank, it will be able to issue more car loans by gaining access to money under the Treasury’s $700 billion bailout plan.
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Small Players Vie for ‘Green Car’ Loans
Posted: December 1st, 2008, 10:03pm EST by By LESLIE WAYNE
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Automakers are trying to convince Congress to provide aid, but there is another $25 billion auto industry government loan program, for the development of fuel-efficient cars.
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Audit Says Tanker Deal Is Flawed
Posted: June 18th, 2008, 11:35pm EDT by By LESLIE WAYNE
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The Air Force made errors in awarding a lucrative contract to Northrop Grumman and its European partner, the Government Accountability Office said.
NYT > Home Page
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Audit Says Tanker Deal Is Flawed
Posted: June 18th, 2008, 11:35pm EDT by By LESLIE WAYNE
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The Air Force made errors in awarding a lucrative contract to Northrop Grumman and its European partner, the Government Accountability Office said.
NYT > Business
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Clinton Aide’s Private Databank Venture Breaks Ground in Politicking
Posted: April 11th, 2008, 10:29pm EDT by By LESLIE WAYNE
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Catalist, a for-profit databank that sells voter information to progressive candidates, has raised eyebrows among campaign finance watchdogs. -
Latest Delay Puts Boeing’s Dreamliner a Year Behind
Posted: April 9th, 2008, 3:10pm EDT by By LESLIE WAYNE
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The new delivery date puts the plane, known as the Dreamliner, more than a year behind its original schedule.
NYT > Home Page
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Party Donations Show G.O.P. Edge
Posted: March 7th, 2008, 2:25am EST by By LESLIE WAYNE
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For all the money raised by the Democratic presidential candidates, the Republicans are beating them in one crucial area: fund-raising by the parties themselves.