Stocks are tumbling as fears sweep world markets that financial trouble in the Middle Eastern city-state of Dubai will upend a global economic recovery.

Critics of executive pay have more reason to be angry. A new study has found that executives at two firms - Lehman Brothers and Bear Stearns - walked away with huge payouts even as their shareholders were losing almost everything.

Goldman Sachs' latest IT spending survey shows that Infrastructure, application development, and systems integration will remain top spending areas for the next year BANGALORE, INDIA: The recession seems to be fast bottoming out as far as the IT industry is concerned, with 2010 holding better spending promises, as per a survey.

Thomas Adams, a lawyer and former bond insurer executive, wrote a guest post for naked capitalism on the question of why AIG was bailed out and the monoline bond insurers were not .

A bankruptcy judge said Tuesday that Moonlight Basin can use money from a recent sale of a $1.4 million condo to conduct business as usual at the resort - a ruling that company officials say will ensure that lifts will be running this December.

Nov. 26 -- John Purcell, managing director of executive search firm Purcell & Company, talks with Bloomberg's Mark Barton about changes to U.K. bank bonus rules proposed by David Walker in a government-commissioned report.

NEW YORK: It's one Forbes list where none would want to figure, but Ramalinga Raju, the founder-chairman Satyam Computers , has managed the feat of being among the world's 10 most outrageous CEOs.

Lehman Brothers Holdings Inc. and Bear Stearns Cos. executives made $2.5 billion from 2000 to 2008, a sign pay policies may have encouraged risk-taking that doomed the companies, a Harvard University study said.

Reserve Primary investors waiting for cash from the money-market mutual fund whose September 2008 crash helped freeze global credit markets must share equally in its losses, a federal judge said Wednesday.

Goldman Sachs Group Inc. , the most profitable securities firm in Wall Street history, hired back Kasper Christoffersen almost two years after he left to join a hedge fund in London.

Jail, anyone? Perhaps that's too harsh, and at any rate premature, but is anyone ever going to be held accountable for the behind-the-scenes sweetheart deals that passed tens of billions of taxpayer dollars through the AIG shell game to the very banks that caused the financial meltdown? Or for the many other acts of double-dealing that left one out ...

The Federal Reserve on Wednesday tightened the conflict of interest restrictions governing the boards of directors of its 12 regional banks.

A bankruptcy judge says Moonlight Basin can use money from a recent sale of a $1.4 million condo to conduct business as usual at the resort a ruling company officials say will ensure that lifts will be running this December.

Medtronic , a maker of heart rhythm devices, said its quarterly profit rose 59 percent , helped by sales of a new heart stent, and it raised its forecast for full-year earnings.

In "The Battle for the Soul of Capitalism" Jack Bogle no longer sees Adam Smith's "invisible hand" driving "capitalism in a healthy, positive direction." Today, his "Happy Conspiracy" of Wall Street plus co-conspirators in Washington and Corporate America are spreading a contagious "pathological mutation of capitalism" driven by the new "invisible ...

Report: Profit margin recovery "may not be sustainable" From Bloomberg News Rough patch ahead for stocks? U.S. corporate earnings that are beating analysts' estimates at the highest rate since at least 1993 are driven by a recovery in profit margins that may not be sustainable, according to Morgan Stanley strategists.

Lehman Brothers International , where more than $35 billion of hedge fund assets have been frozen since the bank's collapse last September, could return about $11 billion to fund managers by March if enough firms approve a new plan.

"Bonus" has become a dirty word on Wall Street , prompting image consultants to advise the biggest financial firms to use euphemisms that carry less stigma as the season of lavish payouts approaches.

Everyone knows that senior execs at Bear Stearns and Lehman Brothers were paid largely in stock, and that they lost most of their wealth when the companies collapsed, right? Turns out, not so much: "Three professors at Harvard are disputing that logic in a new study, saying it is an urban myth that executives at Bear and Lehman were wiped out along ...

Nov. 23 -- Jeffrey Lindsay, senior analyst at Sanford C. Bernstein & Co. Inc., and Ken Auletta, author of "Googled: The End of the World as We Know It," talk with Bloomberg's Matt Miller and Carol Massar about News Corp.'s consideration to block Google Inc.'s Internet search engine from displaying its news articles.