Bailout billionaires

Main Street loves to loathe AIG. Since September the insurance giant has taken $170 billion in bailout money from U.S. taxpayers and keeps coming back for more. Now the company is trying to pay a......

Global banks: Of bailouts and beggars

Banks completed a full circle in 2008, as famed lenders from New York to Tokyo turned beggars who lined up for bailouts from their respective governments. The over a century-old institution Lehman......

Former chairman Magnusson to sue West Ham

Former West Ham chairman Eggert Magnusson has sued the Premier League club and its owner Bjorgolfur Gudmundsson for breach of contract, Icelandic state television reported. Magnusson is demanding......

West Ham agree takeover

Premier League football club West Ham United was set on Tuesday to become the latest English club to fall into foreign hands after agreeing a buyout led by Icelandic Football Association president......

Easy money at an end in European sport

The heady days of easy credit and sky-high wages are ending in Europe with the global financial crisis driving sports clubs and authorities to change course. "The full extent of the credit crisis......