Steven Rattner, the man who oversaw the bailout of the US automobile industry, has been sued by New York officials today as part of an alleged pension kickback scheme. New York Attorney General Andrew Cuomo announced today that he has filed a civil suit against Steven Rattner, alleging that he took part in a massive scheme […]
Microsoft Chairman Bill Gates and CEO Steve Ballmer faced shareholders yesterday in Seattle and fended off calls to break up the company. Shareholders have said that they have grown tired of seeing the company’s stock sitting flat around $20 per share and believe that the company would grow and increase in value of split up […]
It was announced this morning that Mediacom, the eighth largest cable provider in the US, will go private after the CEO agreed to purchase all remaining shares in the company. Mediacom is following suit with other cable companies around the nation who have taken their fight for dominance to the private sector, hoping to calm […]