EX-TYCO BIGS WANT PAYBACK
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October 14, 2004 -- Former Tyco International Ltd. executives L. Dennis Kozlowski and Mark Swartz, awaiting retrial on charges they looted the company of $600 million, sued a unit of Hartford Financial Services Group Inc.
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Some aggrieved investors are turning to lawyers to pursue possible legal claims stemming from losses at two Bear Stearns Cos.  hedge funds that were virtually wiped out from large, illiquid bets on risky mortgages.
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Business & money: Â·  Payout comes despite claims of price-fixing Â·  Airline cites 'contractual obligations' for move
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BRITAIN&#39;S largest financial institutions are being urged to take lead roles in lawsuits seeking hundreds of millions of dollars from the scandal-struck US insurance industry.
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Federal securities regulators will throw their weight behind investors in a big-money dispute that could resolve whether shareholders can sue bankers who enabled their corporate clients to engage in fraud, two people familiar with the decision said yesterday.
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Business & money: Lawyers for former Telegraph owner fight US government attempt to seize $69.8m of assets if tycoon is found guilty of fraud and racketeering.
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Giant insurance broker Marsh and McLennan is now expected to escape criminal charges over illegal payments. It has been the subject of legal action over the payments by New Yrok attorney general Eliot Spitzer.
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"I want to kill them all," he says. "I want to crush them, because these incumbents are selling stuff that doesn't work, and that annoys me. They're engaged in profiteering. There's nothing wrong with making money, but not when you're selling things that don't work right."
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Some aggrieved investors are turning  to lawyers to pursue possible legal claims stemming from losses  at two Bear Stearns Cos.  hedge funds that were  virtually wiped out from large, illiquid bets on risky  mortgages.
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Societe Generale came under mounting pressure on Friday to give a full account of how a rogue trader managed to dupe his bosses and run up a $7 billion loss -- while his family said he had been made a scapegoat.
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How punishment of a serial shareholder scofflaw may help him plunder again.
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Kensey Nash goes overboard on buybacks.
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People disagree about how companies should use excess cash.
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Former WorldCom Inc. chief executive Bernard Ebbers has indicated he will seek reimbursement from the company for his millions of dollars in legal bills.
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Executives urged to quit over risks that took lender to the brink of collapse.
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Analysis: Why blame a bit player for the sins of the big bosses
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BHP Billiton shareholders are about to be rewarded directly from the torrents of cash coursing through the giant resources group. Perversely, that may make some of them quite unhappy.