Page 304 - Cfo News Today

Under oath has gotten to be a more common occurrence than he would wish along with the cfo, raines faces a security trials in washington in which they are accused of using a fraud to inflate stock prices the three have denied wrongdoing in this and other lawsuits theyve run up an eight year legal tab of 99.4 million dollars, all of it picked up by the u.s. taxpayers. new report by the inspector general which studied the indemnification of former housinging agency executives. >> it is common -- t...

The nasdaq was up 24. we told you before about the massive public bail-out for mortgage giants fannie mae and freddie mac. tonight, what you could perceive as adding insult to injury at your continued expense. chief washington correspondent james rosen has our story. >> for franklin raines, former ceo of embattled fannie mae, testifying under oath is more common occurrence than he would with, along with former cfo and another colleague, he faces security trial in washington where the three are a...

The nasdaq was up 24. we told you before about the massive public bail-out for mortgage giants fannie mae and freddie mac. tonight, what you could perceive as adding insult to injury at your continued expense. chief washington correspondent james rosen has our story. >> for franklin raines, former ceo of embattled fannie mae, testifying under oath is more common occurrence than he would with, along with former cfo and another colleague, he faces security trial in washington where the three are a...

>> set a record, it was huge, it was $7.6 billion, which was a phenomenal profit record for this company. but when you look at the earnings per share, they came in at 39 cents, and that was two cents shy of what the street has been expecting. and probably the bigger problem here is the numbers from europe. we saw a loss of $600 million in europe, loss of $100 million in south america, and the company at least the critics say have been slow to address those problems in europe. we did talk to the ...

Straight up. our debt hits $25 trillion in 10 years. megyn: he was criticized on "fox and friends," saying what we need is leadership. the country is struggling. and we need leadership, is there leadership in this proposal? >> no, but there is not leadership anywhere you look. as a small business voice im saying not only is he not leading but neither is anyone around him leading. you can be a leader and not be in the position to start leading. there is nothing about the math of this that makes s...

the honor murders took place in june 2009. they found that mohammed shafia killed three of his teenage daughters and his first wife. all three were sentenced to life in prison with no chance of parole. bloody sunday in syria. 64 people were killed. heavy clashes were reported right outside the capitol, damascus. limited access to the country prevents cnn from independently verifying these reports. those are the headlines from cnn, the worlds business leader. im zain verjee and show s...

youre in "the situation room"." the first republican presidential contest is two weeks away and a top obama adviser says the democrats are counting on a long primary season slugfest between newt gingrich and mitt romney. every word from the candidates could make a difference. jim acosta is covering the final sprint of the caucuses. jim, were seeing a possible shift in the romney campaign strategy. what are you seeing? what are you hearing? >> reporter: well, there may be a big moment...

Funds which are supposed to be kept strictly segregated from the firms accounts. >> you knew about the loans from the customer accounts. this was the cfo of mf global stated in a conference call that mr. corzine knows about the loan. >> mr. chairman, as i said very clearly in my opening remarks, i did not in any way know about the use of customer funds on any loan or transfer. >> reporter: another aspect of this hearing is lawmakers on both sides of the aisle are eager to seize on this as eviden...

Deserting him. i think he has the machinery and money to make a long race are of this. >> greta: well see what happens. thank you. $1.2 billion of customer money vanishes, no one seems to know anything. jon corzine was on the hot seat at a senate hearing that he insists that he told anyone there to misuse funds. and the cfo and coo told conscious essentially the same -- dont look at me. >> if i were to ask any of you to think of any way or provide an example of how $1.2 billion of customer funds...

good morning, everyone. its wednesday, december 14th. im christine romans along with carol costello on this "american morning." good morning. >> good morning, good morning to all of you. good and bad news this morning for the gop front-runner newt gingrich. with less than thee weeks until the iowa caucuses his political director in the state stepped down after calling mormonism a cult. two gop candidates, mitt romney and jon huntsman are mormons. gingrich is already working with a bare...