Once Mr. Solomon and Mr. Mestel settled on Whitney Houston, Mr. Mestel convinced Pat Houston, the sister-in-law of the deceased singer who is the executor of her estate, to sign […]
Conflicts of Interest
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Amazon and E.U. Reach Deal to End Antitrust Investigation
Amazon on Tuesday agreed to give merchants operating in the European Union more access to valuable real estate on its website, the European Commission said Tuesday, in a deal that […]
Sam Bankman-Fried Blames ‘Huge Management Failures’ for FTX Collapse
On Wednesday, Treasury Secretary Janet L. Yellen called FTX’s collapse a “Lehman moment” for the cryptocurrency industry, referring to the bankruptcy of the Wall Street bank Lehman Brothers at the […]
How Alameda, FTX’s Sister Firm, Brought the Crypto Exchange Down
In late 2017, Sam Bankman-Fried, then 25 years old, co-founded Alameda Research, a small trading firm that marked the beginning of his cryptocurrency empire.Now the relationship between Alameda and his […]
Officials Balked at a Drug Company’s Tax Shelter. Auditors Approved It Anyway.
The drug company Perrigo had a problem.Consultants at the giant advisory firm EY had devised an elaborate arrangement that would allow Perrigo, one of the country’s leading makers of nonprescription […]
A Fed Official’s 2020 Trade Drew Outcry. It Went Further Than First Disclosed.
Richard H. Clarida, the departing vice chair of the Federal Reserve, failed to initially disclose the extent of a financial transaction he made in early 2020 as the Fed was […]
Britney Spears Felt Trapped. Her Business Manager Benefited.
In early 2008, a small-time Tennessee company with big-time aspirations made a loan to Britney Spears’s father, who for years had struggled financially.Less than a month later — after consulting […]
How Chemours and DuPont Avoid Paying for PFAS Pollution
A Blame-Shifting ExerciseThe transactions that created Chemours and reinvented DuPont laid the groundwork for a blame-shifting exercise that has made it difficult for regulators and others to hold anyone accountable […]
How a High-Ranking Nissan Executive Escaped His Own Trap
The matter weighed on him. In 2010, Mr. Kelly instructed Mr. Nada to begin the first of a series of secret plans intended to increase Mr. Ghosn’s benefits and compensation, […]
Time to Take a Pledge: No Stocks if You’re a Member of Congress
The nation’s balance of power is at stake as both senators from Georgia face runoff elections in early January. The campaigns have been bitter, and they stand to get more […]