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Wells Fargo execs forfeit $60 million over account scandal

Business & Finance : Mashable: Business

Wells Fargo says CEO John Stumpf and the executive who ran the bank's retail banking division will forfeit tens of millions of dollars in pay as the bank tries to stem a scandal over its sales practices. The independent directors at...

FiatChrysler's $100-Million Fine Probably Won't Hurt Much More Than The Bottom Line

Business & Finance : Forbes: Business

FiatChrysler Automobiles (FCA), owner of the expansively popular Jeeps and Ram brands as well as a bunch of car lines that don’t make any money, joined a select and infamous group this week after the National Highway Traffic Safety ...

Wells Fargo Exec Pay Clawbacks Could Hurt Like Fake Accounts

Business & Finance / Taxes : The Tax Lawyer

Wells Fargo execs may have to return bonuses tied to fake bank accounts. And that may give the execs a taste of what it's like to have phantom income they get to pay taxes on but don't get to keep.

Rodent trials suggest screen-addiction hurts child development

Technology / Mobile : Engadget: Mobile

A new study from the Seattle Children's Research Institute may have taken the first step towards confirming something my parents have been telling me for decades: too much TV rots your brain. Well, at least it does for mice. Scienti...

Shhh... Don't Tell Anyone; Central Banks Manipulate Rates

Business & Finance : Zero Hedge

David Zervos, Jefferies: Shhh... Don't Tell Anyone; Central Banks Manipulate Rates It should come as no surprise to anyone that major commercial banks manipulate Libor submissions for their own benefit. The OTC derivatives markets w...

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