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Ebbers' Defense Lawyer Grills Witness
The star witness against former WorldCom chief Bernard Ebbers was grilled by a defense lawyer Wednesday about lies he told over and over to investors, his own board of directors and the U.S. government.
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Long Island's tourism czar is hoping "Another day. Another memory" leads to visitors spending another day and another dollar.
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With New York's most popular job-creation program set to expire next month, the state's economic development chief urged lawmakers Wednesday to pass legislation that would not only continue the tax-incentive program but prevent abuses.
Peter R. Murphy, a senior managing director at Bear Stearns Cos., may face a lawsuit from the U.S. Securities and Exchange Commission in connection with an investigation by regulators into mutual-fund practices. "Mr. Murphy has been notified that the staff of the SEC is considering recommending that the SEC bring an administrative proceeding against him," according to a filing that the 22-year veteran of the firm submitted to the National Association of Securities Dealers.
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SPECIAL REPORT
End of trade pact means more Americans will be 'dressed' by Chinese, other exporters.
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NEW YORK AVERAGES
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State rate |
APR/APY |
Nat'l Rate |
APR/APY |
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5.20%
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5.34%
|
5.14%
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5.27%
|
|
2.82%
|
2.86%
|
2.81%
|
2.85%
|
|
6.44%
|
N/A
|
6.25%
|
N/A
|
|
7.09%
|
N/A
|
6.94%
|
N/A
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Provided by Bankrate.com
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Business Features
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