Tis the Season to Be Wary
Mattel and its Fischer Price unit recall millions of imported toys tainted with lead paint.
Students Learn a Costly Lesson
Attorney General Andrew Cuomo of New York uncovers kickbacks in college loans.
Sometimes, Icahn Can't
Carl Icahn loses a very public proxy fight with Motorola C.E.O. Ed Zander.
Defenestrations on Wall Street
Several Wall Street titans, including Stan O'Neal of Merrill Lynch, above, are kicked out.
Daddy Dearest
Media mogul Sumner Redstone threatens to disinherit his daughter and putatitve corporate successor, Shari.
Reminder: Trust, but Verify
Credit ratings agencies failed to find the weaknesses in a generation of new mortgage-backed securities.
Black Eye for Privatization
Trigger-happy contractors in Iraq—notably Blackwater, whose C.E.O., Erik Prince, was summoned to testify before Congress—raise doubts about having the private sector handle some government jobs.
With Friends Like These...
Convicted fraud Norman Hsu's lavish financial support of Hillary Clinton rekindled the debate over the role of corporate cash in politics.
Insiders Outed
Allegations of insider trading by Airbus executives led to parliamentary hearings into the world's biggest aircraft maker. Financial director Dominique Marcel, left, and chief executive Ausutin de Romanet of a French state-owned bank talk to parliamentary commission member Didier Migaud, right, before testifying at one hearing.
Tower of Sour
Carlyle Group has been successful in arranging leveraged buyouts. Not so in setting up publicly traded real estate subsidiaries.