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Paulson: Without Action, Company Credit Woes Could Continue
The Treasury secretary defends his $700 billion buyout plan to Congress. September 23, 2008
Stevens Will Be Excused From Trial to Vote
Charged with filing false financial statements, the Alaska Senator will be let out of court if the Senate votes today. September 23, 2008
When Is a Dividend Deductible?
A recent tax law case involving Ralston Purina's ESOP highlights a riff between two courts. September 18, 2008
Fed Rescues AIG in $85 Billion Takeover
Fearing a disorderly failure of AIG, the government lends the struggling insurance giant $85 billion in exchange for an 80 percent equity stake and steep interest charges. September 16, 2008
Thor Hammers Home Tax Lessons for a Recession
A 30-year-old Supreme Court case involving inventory write-downs pits financial accounting against tax accounting — and continues to serve as a warning to companies in a slumping economy. September 9, 2008
The Tax Burden Seesaw
U.S. companies are moving taxable income to foreign subsidiaries for better tax rates, a trend that has grabbed Congress's attention. September 9, 2008
Fannie, Freddie Get Tax Pass, Too
A special IRS rule written just for the beleaguered mortgage lenders will squelch their tax bill for years to come. September 8, 2008
Accounting-Rule Change Spurs Lawsuit
A shareholder is suing five banks for not warning her about an accounting proposal that she says precipitated a massive stock price drop. September 5, 2008
Hackers Are Easy, Lawyers...
A judge dismisses a company's lawsuit alleging overbilling by the law firm that represented its former CFO, who was convicted of fraud. September 1, 2008
Gunning for Global Graft
DoJ, SEC turn up the heat on briberies of foreign officials. September 1, 2008