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Divining the Bonus Pool: Scenes from the Safari Channel
Think of those Safari Channel scenes where the hyenas feed in order from biggest to smallest. By the time the runt gets to the zebra, there's nothing left but the stripes. Competition for a bonus at a law firm is the same idea.Microsoft Reveals Peril of Public Disagreement
Microsoft's corporate personality is not genial. It plays hardball, speaks loudly and acts defiantly. Did the company's recalcitrance affect U.S. District Judge Thomas Penfield Jackson's ruling, spurring him to penalize the company for its executives' behavior rather than for reasons based on sound legal grounds? Law professor Michael Jacobs thinks so, and says he's disappointed in the judge.Troubled Startup's CEO 'Relied on' Lawyers
Canopy Financial has been accused of massive fraud, but its former CEO says he simply relied on legal advice. Wilson Sonsini provided outside lawyers and the company's GC.View more book results for the query "*"
CVS Caremark Earnings Increase by 23 Percent
CVS Caremark Corp.'s first-quarter earnings jumped 23 percent and topped analyst expectations, as an influx of generic drugs continued to help the drugstore operator and pharmacy benefits manager's profitability.WorldCom Settlement Includes Fine, Ethics Training
Calling it "a model perhaps of what should be attempted" in cases of large-scale corporate fraud, U.S. District Judge Jed Rakoff in New York on Tuesday approved a settlement between WorldCom and the government over the company's $9 billion accounting scandal. Still pending before Rakoff is the question of how much the bankrupt telecommunications giant will pay in fines. The SEC declined to say how large a fine it planned to seek.SEC files fraud charges against a disbarred Fort Lauderdale attorney
Former attorney Michael J. McNerney faces civil securities fraud charges. McNerney pleaded guilty for his role in the $1.25 billion Mutual Benefits viatical scam.Trending Stories
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