Stream of Lehman-Claim Payouts Is Drying Up

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The smooth ride for hedge funds holding claims tied to Lehman Brothers Holding hit a speed bump last month, when a court ruling resulted in some of the first losses for the funds due to Lehman.

Squatters Welcome Blackstone's Spanish Property Play

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Blackstone has purchased 40,000 mortgages in the Barcelona area, but the company may find making money out of depressed Spanish real estate is a tough challenge.

New Smartphone Encryption Alarms Law Enforcement

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Moves by Apple and Google to put some smartphone data out of the reach of police and the courts are raising alarms inside U.S. law-enforcement agencies.

German Firms Go on U.S. Buying Spree

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German companies are on a buying spree—and the U.S. is their biggest target.

U.S. Steel CEO Takes on Heavy Load

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One year into leading U.S. Steel, Mario Longhi says "everything is on the table" as he tries to bring the company back from five years of losses.

SEC to Pay $30 Million to Whistleblower

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The Securities and Exchange Commission said it expects to pay more than $30 million in an award under its whistleblower program, more than double the agency's previous high for a payout under the plan.

What do you think the AWOL Afghan officers were looking for:

Should You Gift Some Assets to Heirs Now?

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Leaving behind too big of an estate can cause tax pain for heirs. Here's how to tell if you can safely give away some assets now.

A New Strategy for Socially Responsible Investing

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The goal these days is to inspire and support positive change, not just screen out objectionable companies.

If You Don't Trust Your Heirs...

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Certain types of trusts can cause heirs to resent trustees. A 'trust protector' can help keep the peace, this adviser says.

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