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Money

Shareholder money funds Murdoch family deals

The Murdoch family owns only about 12 percent of News Corp., but Rupert Murdoch sure runs the place like a wholly owned family candy store. The company, blurring the distinction between public and family business, makes deals with family members, using shareholder money to get them into the corpo...

Old GMAC shareholders are winners after bailout

You would think at this point that there would be nothing left to be outraged about when it comes to government bailouts. But the more bailout rocks you turn over, the more well-connected players you find who aren't being forced to pay the full price of their mistakes.

'Tax cut' and 'rich' may not mean what you think

Now that the Bush tax cuts have been extended two more years, let me share a dirty little secret with you: For many of the people President Obama calls "rich," including me, the George W. Bush tax cuts didn't make much difference.

An indictment against Ernst & Young? Maybe not . . .

If you are going to screw up, make sure that you are working at a company that regulators aren't going to let fail. That's the lesson not only for big financial companies but for the Final Four big national accounting firms as well.

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