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    The Shame of Satyam

    Voting with your feet isn't necessarily the best way to enforce strict corporate governance, as the scandal at Satyam Computer Services is likely to prove.

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    Baidu May Be Set for Costly Changes

    Changing your business model in a slowing environment can be smart. Being pressured to adopt a less lucrative structure in such an environment -- as China's Baidu.com may be -- is another story altogether.

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    Issuance Rush

    European companies looking to tap the bond market in 2009 would be wise not to delay -- and be prepared to pay up.

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    [Charlie Sheen, 'Two and a Half Men']

    A Fuzzy Picture for CBS Watchers

    Just how valuable are Charlie Sheen's antics on the CBS comedy "Two and a Half Men" to the average TV viewer? A deal between CBS and Time Warner Cable furthers a charade long played by network owners and cable operators.

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    [Fiscal Shift in Germany]

    Fiscal Shift in Germany

    The German government is contemplating a massive fiscal stimulus plan to head off the worst recession in years, but lawmakers are at odds on how to spend the money.

  • [Barack Obama answers questions from the press after a meeting with his top economic advisors]

    Obama's Back-Tax Bonanza

    The incoming Obama administration is considering tax changes that could give stumbling financial companies increased tax rebates.

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    [India's Unstimulating Plan]

    India's Unstimulating Plan

    India's leaders are placing too much hope on foreign investors and domestic lenders to pull the country's economy out of a rut.

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    Asian Debt Markets' Coming Challenge

    The credit crunch has sapped investors' appetite for many things. In Asia, corporate debt isn't one of them.

[Overheard]

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    Even the promise of warmer weather can't offset the credit freeze. Citigroup's annual Entertainment, Media and Telecommunications Conference opened Tuesday in Phoenix (Wednesday's forecast high is 66 degrees, versus 39 in New York City). Attendance is down about 25%, Citigroup's media analyst Jason Bazinet said in opening remarks. With dark clouds over Wall Street, Citigroup is setting the tone for a tepid conference season.

    Synovus Financial seems to be having difficulty keeping a handle on the health of its $27 billion loan portfolio. On Friday,

    Synovus forecast annualized credit losses on outstanding loans would be 2.2% for the fourth quarter. On Saturday, the bank said the correct number was 3.2%. A mistake on such a sensitive number is bad enough. Perhaps more serious: The new number is almost triple the 1.15% it forecast in late October.

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