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Published: 05/29/12 09:54 AM EDT

Law firm Dewey & LeBoeuf lured partners to their firm through guaranteed compensation deals. As revenues started falling off due to the U.S. recession, Dewey still owed millions of dollars in guaranteed pay.

Today
12:38 PM		PODCAST: The airline that doesn't like airplane subsidies Delta's CEO on passenger fees, mergers, and why subsidies are bad for business. And, the week interest rates popped upward
12:01 PM		The week interest rates popped upward Chances are the Dow could end up with a loss for the week. But the big story may be bonds.
11:28 AM		The makers of Tide rinse away the boss: P&G CEO steps down After a disappointing first quarter, CEO Bob McDonald says he will leave Procter & Gamble at the end of next month.
08:39 AM		Google's moonshot factory: A look inside the Google X Lab Bloomberg Businessweek editor Josh Tyrangiel discusses his visit to Google's X Lab. He says the labs are a place where scientists can think big ideas, with a lot of freedom.
08:35 AM		Twitter launches two-step login to stem hacking Twitter is launching a new extra layer of security, but will it stop hackers?
08:32 AM		Despite controversy over drones abroad, some see potential positive uses at home The President has confirmed that drone strikes have killed Americans abroad. But he strongly defends the U.S. drone program, saying its use has been important to the war against terrorism.
05:49 AM		Delta's CEO on passenger fees, mergers, and why subsidies are bad for business Delta’s Chief Executive Officer, Richard Anderson, discusses the industry, mergers, passenger fees, and why Delta thinks its about to have its most profitable year ever.
Thu, May 23, 2013
07:40 PM		Your guide to hiring a financial planner In a tight financial spot? Or maybe you'd like ideas on smarter ways to spend your hard-earned money? Then perhaps it's time for you to seek professional help and hire a financial planner. But before you do, take a look at our tips on how to find the perfect planner for your personal finances.
06:35 PM		Preserving fertility for the low price of $50,000 For one woman, $50,000 on a new technology to freeze her eggs was worth the expense.
05:52 PM		Good years for cicadas have been good years for stocks According to Marketwatch, cicadas may serve as decent market forecasters.
05:50 PM		A degree in drones (or, unmanned aircraft systems) The FAA hasn't green-lighted much civilian use of drones yet but when they do, one university is ready with graduates to pilot them.
05:37 PM		Poll: Yes, someone has to go! Which TV character would you fire? We all have a workplace nuisance. Take out your frustration by firing one of these fictional characters who exhibit bad office behavior.
05:34 PM		The beat of the sequester furloughs marches on As a result of sequester, the IRS, HUD, the EPA and Office of Management and Budget become part of the biggest wave of government office closures since 1995.
05:06 PM		Just ask Klout Online company Klout, known for ranking people for online influence, is rolling out a search feature that uses those influencers as magnets for consumer questions -- and advertising dollars.
04:12 PM		Tapping the trades for good jobs and good money Trades like plumbing, welding, and metal work are in heavy demand as the construction industry recovers from the recession.
02:43 PM		Is two-factor authentication the death of the password? Finally, there could be an end to the agony of having to remember dozens of passwords as Twitter offers two-factor authentication.
02:43 PM		Obama's numbers, and our numbers, for Guantanamo Bay President Barack Obama reeled out some numbers about Gitmo today. We reel out some more.
02:23 PM		California's crystal ball for health insurance exchanges California is the biggest state to unveil details of health-insurance plans to be sold on a state-run exchange. The policies provide a first look at the affordability -- and future -- of the Affordable Care Act.
02:19 PM		We've spent $6 billion on broken iPhones -- why? iPhone users have reportedly spent $6 billion since 2007 to repair or replace their damaged phones, and repair costs are only getting more expensive.
02:14 PM		A glimpse into the potential of the drone industry Drones are a hot topic these days and the industry is heating up to potentially become big. What's the payoff and what other industries might suffer for it?
11:40 AM		PODCAST: More money, more problems? A deal sweetener from SoftBank. Japan's markets plunge. And is it more money, more problems for professional athletes?
10:28 AM		SoftBank sweetens its Sprint pitch, offers U.S. veto power over board member: Report The Wall Street Journal is reporting that Japan-based SoftBank will allow the U.S. government to pick a member of Sprint's board if the deal goes through.
09:50 AM		What do home sales have to do with the job market? Domestic migration, when you move from one place in the country to another, plunged in the aftermath of the 2008 financial crisis. Now things are looking up.
08:00 AM		Teens tired of Facebook, hot on Twitter, savvy reputation managers Teenagers are less into Facebook and more into Twitter these days, according to a new report from the Pew Internet and American Life project.
07:55 AM		Big ad sales on the high seas of online piracy BitTorrent, a site best known as a way for people to illegally share and download content, says it serves over five billion ads a month. But will advertisers flock to such a dicey marketplace?
07:46 AM		Japan markets down on stimulus jitters After an electrifying run over the past several weeks, stock markets around the world are down this morning.
07:16 AM		Ford calls it quits in Australia Ford Motor Company is calling it quits in Australia, after a nearly 90-year run. The U.S. automaker says it will shut down its two factories down under and halt production in 2016.
05:57 AM		Will humans outlive Earth's next extinction event? Scientists may be fretting over global climate change or when the next asteroid will strike Earth's surface. But a catastrophic event doesn't necessarily spell the end for civilization.
Wed, May 22, 2013
05:57 PM		The grittier side of Cannes -- Marché du Film Beneath Cannes, far less prestigious films are bought and sold at a different conference.
04:59 PM		How to pronounce 'GIF' Confirmed by the inventor himself.
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