It was a tale of doom foretold in a pie chart. On January 27, Dewey & LeBoeuf's partners were summoned to a meeting on the 22nd floor of the law firm's New York City headquarters to discuss the firm's ...
NEW YORK (Reuters) - In its race to become one of the world's biggest law firms, Dewey & LeBoeuf doled out rich compensation guarantees to attract and keep top-shelf legal talent.
As 50 states jointly investigate the mortgage industry amid allegations of improper foreclosure practices, a new book released this week chronicles the rise and fall of the subprime mortgage business. Guest host Jacki Lyden speaks with author Michael Hudson about his book "The Monster: How a Gang of Predatory Lenders and Wall Street Bankers Fleeced America -- and Spawned a Global Crisis." NPR Senior Business Editor Marilyn Geewax also joins the conversation.