The group of business leaders and academics released a report this morning. It says post-Enron regulations are hiking the cost of doing business in the U.S. and hurting American competitiveness. Hillary Wicai reports.
There are two kinds of regulators on Wall Street: government and private sector. Today the two main private regulators announced plans to merge, but not everyone's cheering the move. Amy Scott reports.
London could become the main trading center for new kind of security. The so-called "death derivative" will allow investors to bet on changes in the average human life span. Will New York markets miss out? Stephen Beard reports.
Private equity firm Blackstone will pay nearly $20 billion for the country's largest corporate real estate owner. It'd be the biggest leveraged buyout in history, and the latest in a growing trend. Amy Scott reports.