Tuesday, December 21, 2010

Stories of the Day 12/21/2010

Today, financial news has been filled with further talks of Lehman Brothers.  Unfortunately for them, it's not even their actions that are receiving the negative press this time.  E&Y, the firms auditors are now being probed.  Article form Yahoo Finance (here)

In another regulatory note, the SEC is now pursuing Mark Hurd, former CEO of HP on Insider trading charges involving an acquisition which the former CEO might have leaked information about.  The Bloomberg article (here)

Kevin

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