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Financial Services
Could Lehman be Ernst & Young's Enron?
2010-03-15 14:31:15| Financial Services - Topix.net
Ever since the fraud at U.S. energy trader Enron Corp brought down accounting firm Arthur Andersen eight years ago, global auditing firms have worried that a major misstep could be fatal.
Category: Financial Services
Is Lehman Brothers the Next Enron?
2010-03-15 10:16:28| Financial Services - Topix.net
Posted on March 13 2010. Former Lehman Brothers CEO Dick Fuld has been hiding like a Waldo in a global crowd.
Category: Financial Services
A Bank of America sign is pictured outside a bank branch in Charlotte
2010-03-15 05:51:57| Financial Services - Topix.net
Bank of America Corp , the largest U.S. bank, plans to seek approval to expand its operations in China, the Wall Street Journal reported on Sunday, citing people familiar with the situation.
Category: Financial Services
News and Media
Stocks turn lower
2010-03-15 15:16:10| Business and financial news - CNNMoney.com
Stocks dipped Monday as investors hesitated ahead of the latest Federal Reserve policy meeting and after two of the major indexes ended last week at 18-month highs.
Category: News and Media
Tommy Hilfiger sold to Phillips-Van Heusen
2010-03-15 15:04:43| Business and financial news - CNNMoney.com
Phillips-Van Heusen announced plans Monday to buy Tommy Hilfiger, which is controlled by private equity firm Apax Partners, for roughly $3 billion in cash and stock.
Category: News and Media
Tommy Hilfiger sold to Phillips-Van Heusen
2010-03-15 15:04:38| Financial news of the day - CNNMoney.com
Phillips-Van Heusen announced plans Monday to buy Tommy Hilfiger, which is controlled by private equity firm Apax Partners, for roughly $3 billion in cash and stock.
Category: News and Media