The sudden removal of the University of Virginia’s first female President Teresa Sullivan has created quite an uproar on and off campus, with a number of wealthy donors threatening to withhold donations.
The former Goldman Sachs Board member as well as head of McKinsey & Company was found guilty today for insider trading in a Manhattan federal court. The retired 63-year old was found guilty of conspiracy and securities fraud.
Ex-tycoon R. Allen Stanford was sentenced to 110 years in prison Thursday. The 62-year-old Texan ran Ponzi schemes for over 20 years cheating investors over more than $7 billion.
A court in Mannheim ruled on Wednesday that Microsoft infringed Motorola Mobility's patents and ordered Microsoft to remove its popular Xbox 360 gaming consoles and Windows 7 operating system software from the German market.
