An ex-banker and convicted tax cheat who told the IRS how his employer, UBS, helped thousands of wealthy clients duck U.S. taxes has just been awarded $104 million by the U.S. government, a sum his lawyers say is the largest payout ever for a whistleblower. Bradley Birkenfeld, who was released from federal prison six weeks ago, pleaded guilty in 2008 ... Read More »
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3G capital buys Burger king for $3.26bn (£2.1bn)
A long awaited rumors have come to pass today after 3G capital purchased the burger king for $ 2.26 billion. The fast food chain, with 12,100 outlets worldwide, had been the subject of takeover rumours for days. Burger King floated on Wall Street in 2006, four years after being bought by a group of private equity firms. The group – ... Read More »