Former Federal Reserve Bank employee costs Goldman Sachs $50M. Advising a client with stolen information may land the current Sachs employee in prison for one year. Sources at the New York Times suggest this case shows the dangers of job hopping. Get the whole story below, or start reading now by clicking here.
Which industries would you find the highest paid executives? Answer, the real-estate industry, according to new study. Although, executive pay only increased 0.7% in 2014, falling from 12.6% growth in 2013. Decipher the numbers in the link below, or get them now by clicking this link.
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After its latest policy meeting, the central bank downplays recent financial market turmoil and drops warnings of global economic fragility.
Should out-of-state retailers have to collect sales taxes in states where they don’t have a physical presence?
>> CFO Staff
The Senate’s 74-21 vote is a setback for privacy activists who say the legislation is a backdoor surveillance bill.
Most companies don’t generate an adequate return on investment on their budgeting processes.
The third-quarter numbers from the Commerce Department show a reduction in business inventories but a robust increase in consumer spending.
The premiums plan sponsors pay to the PBGC, which already were to rise, were hiked again to pay for a funding deficit just before the House passed the bill.
>> David McCann
Income from auto financing fell 16.4%, to $347 million, while income from dealer financing fell 18.5%, to $387 million.
The investment bank admitted it failed to supervise an employee who was a former bank examiner at the Federal Reserve Bank of New York.
Clients bringing the company larger volumes of payments are also forcing it to lower its fee per transaction.
The highest-paid CEOs and CFOs are now those within the real estate industry, according to a BDO compensation study.
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