| Kerviel Convicted Over Trades A Paris court sentenced former Société Générale trader Jérôme Kerviel to three years in prison and ordered him to pay $6.69 billion in damages for orchestrating one of the largest trading debacles in banking history. online.wsj.com |
FAA Mulls Pilot Qualifications Proposals An air-safety advisory group has lobbed a political hot potato into the lap of FAA chief Randy Babbitt: recommendations undercutting Congressionally-mandated experience requirements for new airline co-pilots. online.wsj.com |
Estate-Tax Rises as Issue on Trail A move to end the estate-tax is luring new adherents in the midterm campaign, turning permanent repeal into a negotiating stance for future congressional wrangling over taxes. online.wsj.com |
Morgan Stanley Stumbles on Rehab Morgan Stanley's renovation has run into problems.. online.wsj.com |
Apollo, TPG Roll Dice on Harrah's IPO The buyout shops hope to take the casino company public, even as the market turns a cold shoulder to other IPOs from private-equity firms. online.wsj.com |