Warren Buffet, the largest shareholder in Moody's Corp, on Wednesday defended the rating agency, saying they had made the same mistakes as other market players ahead of the financial crisis.
Financial adviser Ira Starr charged with $30m fraud by U.S. (Headlines)
Kenneth Ira Starr, a New York investment adviser who has represented actors including Sylvester Stallone and Wesley Snipes, stole millions of dollars from heiress Rachel ??Bunny? Mellon and other clients in a scheme to buy a $7.5m apartment, prosecutors said.
The US Senate approved a sweeping overhaul of financial regulation on Thursday evening in a 59-39 vote, potentially forcing big banks into major restructuring.