- Pfizer Broke Law by Promoting Drugs for Wrong Uses In Violation of Pledge Prosecutor Michael Loucks remembers clearly when lawyers for Pfizer Inc., the world’s largest drug company, looked across the table and promised it wouldn’t break the law again.
- Record Bonuses Return to Wall Street as Big Three May Award $29.7 Billion Goldman Sachs Group Inc., Morgan Stanley and JPMorgan Chase & Co.’s investment bank, survivors of the worst financial crisis since the Great Depression, are set to pay record bonuses this year.
- Cristiano Ronaldo Fails to Match Beckham Soccer Sales Boom for Real Madrid Cristiano Ronaldo, soccer’s most expensive player, can’t match the sales boom David Beckham triggered at Real Madrid.
- Disney's Shanghai Theme Park Won't Help Access to China's Media Industry Walt Disney Co.’s planned theme park in Shanghai will do little to help open China’s media industry to overseas companies as the communist government restricts films, television and the Internet, analysts said.
- Buffett's `Wake-Up Call' to Berkshire Managers May Signal More Cost Cuts Berkshire Hathaway Inc.’s managers may deliver more cost cuts to Chief Executive Officer Warren Buffett after the billionaire replaced Richard Santulli as the head of a money-losing plane-leasing unit.
- Dimon's Dad Quits Merrill to Work for Son's Brokerage, Brings Along Team If Jamie Dimon ever needs fatherly advice, he can turn to his newest employee: Dad.
- Banks Thwarting Feinberg Pay Reductions by Changing Their Bonus Formulas Global leaders and regulators trying to rein in banker pay are proposing everything from clamping down on guaranteed bonuses to recouping compensation from prior years if losses mount. Largely unaddressed is the topic that stirs the most public ire: How much money is too much?
Bllomberg Daily News 9th November 2009
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