JPMorgan’s board of directors is weighing lower bonuses for CEO Jamie Dimon and other top executives in light of the $5.8 billion trading loss the firm suffered this year, according to The Wall Street Journal; Citigroup is also looking at executive pay in an attempt to appease shareholders.
Kweku Adoboli, the former UBS trader charged Read More
Sassy Subway Punks Lift The Loot and Catch Action on Film
If you’ve committed a crime and nobody knows about it except your victim, did it actually occur? That’s the existential question that three female teenage thugs may have been attempting to address on Feb. 8 when they assaulted a couple of 14-year-olds on Read More
When a three-year investigation by the U.S. Department of Justice into alleged price fixing by Sotheby’s International Holdings and Christie’s International P.L.C. precipitated the resignations of Sotheby’s chairman and chief executive on Feb. 21, the act was seen as a fall-on-one’s-sword gesture to buy good faith with the Feds and stockholders.
But in an interview Read More
A week after Calvin Klein announced that he had hired Lazard
Frères & Company to help him consider the sale of his company, Bernard
Arnault, the man deemed the most likely buyer, was in Manhattan to conduct a
little business of his own.
Mr. Arnault, the chairman of luxury giant LVMH-Moët Hennessy
Louis Vuitton, Read More