Kareem Serageldin is accused of hiding mortgage security losses during the financial crisis. He faces extradition to the U.S. A former senior trader for Credit Suisse, Serageldin is the highest level Wall Street executive to be charged in a case related to the 2008 financial meltdown.
The fallout from Apple's controversial decision to drop Google Maps from the iPhone 5 continues. Customers aren't giving Apple Maps any love, and analysts say Apple made an uncharacteristic blunder in dumping Google.
When the two sides couldn't reach an agreement last month, players were locked out of the Woodruff Arts Center. With the season set to begin in just one week, the musicians approved a deal with $5 million in concessions.
One of the key challenges to Greek businesses in the wake of the financial crisis is getting credit. Some companies have turned to cash and laid off workers, but it's been difficult to find the funds to keep up production.
A federal Inspector General's report says there is no proof that Freddie Mac "obstructed homeowners' abilities to refinance their mortgages" to boost profits at the government-sponsored enterprise. Some of Freddie's investments rise when homeowners remain stuck in high-rate loans.
When you give to WAMU, your tax-deductible membership gift helps make possible award-winning programs such as Morning Edition, All Things Considered, The Diane Rehm Show, The Kojo Nnamdi Show, and other favorites.