28. september 2006

Bank of America Acknowledges Illicit Funds Moved Through a Manhattan Branch. The company said its lax operations allowed South American money launderers to illegally move $3 billion through a single branch. By DAVID CAY JOHNSTON. [NYT > Business] 12:29:36 PM    comment []

The Ascent of Wind Power. Wind power is emerging as an alternative in fast-growing countries like India and China that are avidly seeking new energy sources. By KEITH BRADSHER. [NYT > Business] 12:27:25 PM    comment []

Ebbers Starts 25-Year Term For Fraud at WorldCom . Former WorldCom Inc. chief executive Bernard J. Ebbers reported yesterday to a federal prison in central Louisiana to begin serving a 25-year sentence for his role in the $11 billion accounting fraud that laid low the nation's second-largest telecommunications company. By Brooke A. Masters and Amy Joyce. [washingtonpost.com - Business News From The Washington Post] 12:25:55 PM    comment []

Between the Lines Of HP's Spy Scandal . Hewlett-Packard Co.'s media-leak investigation went forward despite warnings from HP security personnel that the tactics used were "probably illegal" and should be stopped, according to documents collected for today's congressional hearing on the scandal. By Ellen Nakashima. [washingtonpost.com - Business News From The Washington Post] 12:24:05 PM    comment []

© Copyright 2006 Olaf E. Roalkvam. Last update: 01.10.2006; 14:18:24.