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Marc Rich, 'King of Oil', dies at 78

 Billionaire Marc Rich, who invented oil trading and was pardoned by President Bill Clinton over tax evasion, racketeering and busting sanctions with Iran, died on Wednesday in Switzerland aged......

Madoff spent nearly $1 mn on lobbying

 Financier Bernard Madoff, in jail now, had shelled out nearly $ 1 milliontowards lobbying and in campaign contributions, of which a large part went to the Democrats, a US research group has said.......

Bernard Madoff pleads guilty to all 11 charges

 Bernard 'Bernie' Madoff has pleaded guilty to all the eleven charges against him in what is seen as the largest scam in the history of Wall Street. When sentenced, he faces up to 150 years in......

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