A traditionally black college, whose endowment has been cut in half over the past decade, could be saved by a $7 million sale of a Georgia O'Keeffe painting. But a judge has put the brakes on the deal.
Eight universities will reimburse students over $3 million to settle charges that they accepted kickbacks to steer them toward "preferred lenders." Citibank is paying up too, but many other schools and lenders are still under investigation.
The Supreme Court takes up a case today that could have big implications on Wall Street. Investment banks are accused of conspiring to inflate IPO prices during the '90s dot-com boom and subsequent bust. And a whole lotta money hangs in the balance.