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Saturday, July 5, 2008


EXCLUSIVES

Plan to spur competition among credit rating agencies after the subprime debacle is drawing fire from industry participants who say it may help bigger firms at the expense of smaller ones.
 
With a slew of liability lawsuits pending, employers are putting the squeeze on their 401(k) providers.
 
The German giant's one unscathed top executive won't let a $2 billion bribe scandal halt its revamp.
 
Losses and write-downs at U.S. banks continue to pour in, forcing institutions to raise new capital. But banks' options for raising money are starting to shrink, forcing them to pay more for capital and dilute existing shareholders.
 
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