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...free chapter of the Madoff whistleblower's story No One Would Listen: A True Financial Thriller...
...free chapter of the Madoff whistleblower's story No One Would Listen: A True Financial Thriller...
...tall an order for the Austrian-born Stronach, 76, whose entire career has been marked by both spectacular successes and failures. Most recently, his dream of creating a horse-racing and gaming empire collapsed when Magna Entertainment Corp., North America's biggest operator of racetracks, was forced into Chapter 11 earlier this year...
Magna's two biggest competitors, U.S.-based Lear Corp. and Delphi, are teetering on the brink of collapse. Lear filed for Chapter 11 bankruptcy protection a month ago, citing the need to restructure $3.6 billion in debt. Meanwhile, Delphi, a former GM subsidiary based in Troy, Mich., and that automaker's biggest parts supplier, emerged from bankruptcy protection in June after unloading $6.2 billion in pension liabilities on the Pension Benefit Guaranty Corp. (PBGC), a U.S. government agency whose job is to protect private pension plans. (See the 50 worst cars of all time...
...develop environmentally friendly technology, Vice Premier Li Keqiang. He came away struck by the leadership's willingness to acknowledge the country's pollution woes. The central government has made the environment a key part of its next five-year economic plan, says Blair. "The environment is not a separate chapter," he insists. "It's the core narrative...