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Lehman's $642 million bankruptcy

Councils, advisors, consultants, even an art auctioneer get hefty compensation for cleaning up the firm's books.

Don't ask for a state job

Budget deficits are forcing state and local governments to cut back on hiring and benefits.

Network, cable battle gouges viewers

Fortune's Andy Serwer explains that cable companies and networks did not prepare for the cash crunch brought on by the recession.

Mack, Paulson full interview

Morgan Stanley Chairman John Mack interviews former Treasury Secretary Hank Paulson in front of a live audience at NYU Stern School of Business.

'Missed the American public's anger'

Former Treasury Secretary Hank Paulson says that government officials underestimated the public's strong negative reaction to bank bailouts.

Regulators are 'arcane and outdated'

Former Treasury Secretary Hank Paulson says the 'patchwork quilt' of financial regulators needs to be consolidated.

Paulson: Bush 'mothered' me in crisis

Former U.S. Secretary of the Treasury Hank Paulson opens up to Morgan Stanley Chairman John Mack on the bailout.

Apple three-peats as Most Admired

Steve Jobs' innovation machine won by the highest margin ever, and Goldman Sachs soared (surprise!) on Fortune's list this year.

Goldman bet on Greek failure

Fortune's Andy Serwer explains how the company's bet against Greece violates the spirit of the law without violating the letter of it.

The best and worst of Buffett's 2009

Berkshire Hathaway had its biggest year yet but the CEO admits blunders with the NetJets acquisition and GEICO credit card offers.

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