Bailouts

Can Bank of America (NYSE: BAC) ever catch a break? Apparently not, because now a class-action lawsuit has been filed citing that the firm did not disclose material information relating to the magnitude of the losses at Merrill Lynch, just days before Bank of America shareholders were set to vote...

Fans of European club football, governed by the United European Football Association (UEFA), know that football clubs have been struggling with debt and excess leverage. Just like other corporations, football clubs took advantage of cheap credit to fund their operations, either to build new...