Transocean Safety Record Scrutinized After Oil Spill
Transocean Safety Record Face Questions. Another player in the Deepwater Horizon oil rig disaster is attracting scrutiny today. Transocean LTD, the Swiss company that owned and leased the doomed rig to BP, has apparently faced safety questions before. Transocean is the world’s biggest deepwater driller. The Deepwater … [Read more...]
Auction Rate Preferred Shares Leave Investors Short
Auction Rate Shares Scrutinized By Regulators. Auction rate preferred shares are the latest securities to be scrutinized by state regulators. These investment vehicles were sold by closed-end mutual funds, and lately, many investors have complained they are unable to sell their holdings, which were billed as a short-term investments … [Read more...]
Sanitary conditions scrutinized in spinach-borne E. coli outbreak
Officials Investigating Spinach-Borne E. Coli Outbreak. State and federal investigators hit the ground in the Salinas Valley on Tuesday to find the source of a bacterial contamination in fresh spinach that has sickened dozens all over the country and killed one woman, but officials admitted they may never know exactly where the E. … [Read more...]
Ford CEO’s Stock Deal Scrutinized
Ford CEO Continue Owning The Stock. Ford Motor's board of directors voted Thursday to investigate whether it was proper for CEO Bill Ford to buy 400,000 shares of Goldman Sachs stock when Goldman went public in 1999 and whether it is proper for him to continue owning the stock. Bill Ford was allowed to buy a bigger block of … [Read more...]