Egyptian tycoon, ex-cop face execution

An Egyptian court on Thursday confirmed the death sentences of a business tycoon and a former police officer convicted of killing rising Lebanese pop star Suzanne Tamim. In a case that has captivated Egypt and the region because of the fame of the victim and one of the defendants, a judge sentenced to death real estate mogul Hisham Talaat Moustafa and former officer Muhsen el Sukkari last month. Tamim’s body was found stabbed, with her throat slit, in her apartment in the United Arab Emirates in July 2008.

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Straying Governor Mark Sanford

It’s become something of a club, and not a particularly exclusive one at that: promising political figures with presidential aspirations knocked dramatically off course by marital infidelity. The latest member is Mark Sanford, the governor of South Carolina. In a bracing news conference June 24, the 49-year-old confessed to an affair with an Argentine woman following a bizarre six-day disappearance that grabbed national headlines when his own staff and family claimed ignorance about his whereabouts

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The Future of Fannie and Freddie: Chief Says Government Ownership Is Bad

Speaking at an annual conference of real estate editors, James Lockhart, head of the Federal Housing Finance Agency, said on Thursday the government shouldn’t run Fannie Mae and Freddie Mac. Lockhart should know. He leads the agency that has been doing just that since last September, when the giant mortgage insurers were put into government conservatorship

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Businesses find it pays to consult students

With top consultancy firms charging thousands of dollars for a day’s work, employing their services is a luxury most companies simply can’t afford. But some business schools offer student consultancies for a fraction of the price, making their expertise available to a whole range of organizations. Student consultancy groups are a feature of many MBA programs, letting companies hire teams of MBA students to solve their business problems and giving the students a chance to put their education into practice.

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Will The Housing Bubble Burst in 2007?

Sin ce early 2000, economists have been sounding the housing bubble alarm with increasing urgency. And while many markets around the country have seen prices drop in the last year, the dire, across-the-board correction that many predicted has yet to materialize

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