Zuckerberg 2016? Facebook co-founder and CEO Mark Zuckerberg has a 28.4 percent in his company but also controls 57.1 percent of the voting shares. He pulled this off by handing out $100 bills. Facebook co-founder and CEO Mark Zuckerberg is one good negotiator. As I noted when Facebook filed... Read more...

With a quick search of your name on any given “peoplefinder” website, you’ll see your name, date of birth, names of family members, current and past addresses, your phone number and gender. Some sites will also reveal your marital status, your hobbies, your online profiles, and maps or a p... Read more...
As an impulse buy, you might plunk down a few bucks for a Shamwow, an Aluma Wallet or a Shake Weight. But would a TV infomercial persuade you to part with thousands of dollars on a get-rich-quick scheme? There are many thousands who would and do. If there were no suckers, there wouldn't be so... Read more...
Pharmacy industry groups warned Google years ago that it should be doing a better job screening ads from online pharmacies that break U.S. laws. But Google didn't respond to their warnings, according to a report by the Wall Street Journal. Earlier this month, an SEC filing revealed that Googl... Read more...
Several Congressmen are asking the SEC to draw up a rule that would force companies to disclose cyberattacks, the Journal reports. This comes in the wake of the very serious hacking attacks on Sony's PlayStation Networks, and more generally as cyberattacks are becoming a serious threat. It seems... Read more...
US authorities fined cosmetics and drugs giant Johnson & Johnson $70 million on Friday for bribing doctors in Europe and paying kickbacks for contracts under a UN relief program in Iraq. The Department of Justice and Securities and Exchange Commission said since 1998 the firm had paid ... Read more...
More money, more problems? Rapper 50 Cent may have momentarily gotten $8.7 million richer after encouraging his Twitter followers to invest in a money-losing penny stock, but now the hip hopper may be in big trouble with the Security Exchange Commission. Last weekend, 50, born Curtis J... Read more...
The line up goes down the block and around the corner for prosecutions against Goldman Sachs, Sovereign debt looms large, 8 more banks close, scandals in the financial sector continue to erupt everywhere, the public picks up the bills, we face a staggering depression, anger grows against wall stree... Read more...
The Securities and Exchange Commission on Friday charged Wall Street's most gilded firm, Goldman Sachs, with defrauding investors in a sale of securities tied to subprime mortgages. The SEC said it charged New York-based Goldman (GS, Fortune 500) and a vice president, Fabrice Tourre, for their fa... Read more...