Morning Read

DOJ Builds Criminal Cases Around Libor; Couple Sues Goldman Seeking Damages That May Top $1 Billion: Roundup

Libor-ated: The U.S. Department of Justice is building criminal cases against financial institutions and individuals involved in the manipulation of interbank lending rates, according to The New York Times. Deutsche Bank agreed to cooperate with the European Commission’s Libor investigation, reports Der Spiegel. Prosecutors in New York, Connecticut, Florida and Massachusetts are looking Read More

2012

Former Speaker of the House Newt Gingrich

Gingrich Backer Sheldon Adelson Faces Questions About Chinese Business Affairs

Republican presidential candidate Newt Gingrich is having a tough enough time with front-runner Mitt Romney surging in the polls prior to the upcoming Florida primary. Now he may also have to contend with pesky questions about a government probe into the overseas business affairs of Las Vegas billionaire Sheldon Adelson, who may be the financial savior of  Mr. Gingrich’s campaign. Read More