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Judge dismisses JPMorgan Madoff lawsuit

Bernie Madoff

A U.S. federal judge on Wednesday dismissed a shareholders' lawsuit claiming JPMorgan board members knew about Bernard Madoff's Ponzi scheme and ignored red flags signaling his massive fraud.

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The E-Mail That Should Have Saved Lehman Brothers

The Wall Street Journal reports that, contrary to what former Lehman executives would have you believe, the New York Fed did give the firm the opportunity to borrow from the central bank on emergency terms on September 14th - the day Lehman filed for bankruptcy - provided it had the collateral.

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