LexisNexis Victim of Data Breaches

LexisNexis, a reputable researcher for businesses, was recently the victim of identity theft as a person who was connected with a Mafia crime family has been charged with racketeering and having access to consumer records at the firm.
LexisNexis has warned its 13,000 consumers that their records may have been compromised. LexisNexis has been [...]

CIT Receiving Help From Shareholders

CIT bondholders have agreed to offer $3 billion to help CIT avoid filing bankruptcy. They have already given $2 billion and have promised to deliver the remaining $1 billion by the end of July 2009. The Security and Exchange Commision has indicated that if they do not get the help, they would have [...]