AT&T said Friday it will take a non-cash charge of about $1 billion for the current quarter in anticipation of costs resulting from the health care reform measure signed into law this week by President Obama.
A year and a half after Lehman Brothers' collapse, Senate Banking Committee Chairman Chris Dodd, D-Conn., is calling for a federal investigation into the "Lehman situation" and other companies that may have fudged their balance sheets, contributing to the financial crisis.
The government's unprecedented $700 billion economic bailout will actually cost taxpayers just 16 percent of that total, according to a Congressional Budget Office report released Wednesday.
© 2012 Cable News Network. Turner Broadcasting System, Inc. All Rights Reserved.
| Advertising practices | Advertise with us | About us | Work for us | Help | CNN Newsource | License Footage
Recent Comments