« Latest News »

"One of California's highest-paid executives, KB Home chief Bruce Karatz, was ousted Sunday, becoming the latest casualty in a national scandal over the manipulation of lucrative stock option grants.

The Los Angeles-based home-building company said an internal investigation by its board concluded that from 1998 to 2005, Karatz had a direct role in setting "incorrect" dates for stock option grants that inflated their value for himself and other executives."
LA TIMES

News Just In:
» REPORT: NASA ALLOWED DRUNK ASTRONAUTS TO FLY SPACE SHUTTLE
» DARRYL HANAH: NEWSBABE 7.27.07
» DOW DROPS OVER 400 POINTS
» HILARY DUFF MAKES LITTLE KID CRY
» DEMOCRATS: INVESTIGATE ALBERTO GONZALES FOR LYING UNDER OATH
» SANDEE WESTGATE: NEWSBABE 7.26.07
» FILES PROVE U.S. ATTORNEY GENERAL ALBERTO GONZALES LIED UNDER OATH
» ALASKA REPUBLICANS UNDER CRIMINAL INVESTIGATION
» DISNEY SNUFFS OUT SMOKING IN FLICKS
» CROOKS ROB STORE, IGNORE HD-DVD AND STEAL BLU-RAY DISCS
» JESSICA ALBA DUMPS BOYFRIEND CASH WARREN: I'M NOT IN LOVE WITH YOU ANYMORE!
» YOUNG REPUBLICAN PLEADS GUILTY TO RAPE
» DICK CHENEY BIO IS A DUD
» VICTORIA BECKHAM TO LINDSAY LOHAN, BRITNEY SPEARS: STAY AWAY FROM DAVID BECKHAM
» BRITNEY SPEARS IN PHOTO SHOOT MELTDOWN
» MCDONALD'S LOSING MONEY, AGAIN
» ALICIA TYLER: NEWSBABE 7.24.07
» LINDSAY LOHAN BUSTED FOR COCAINE AND DUI AGAIN
» STARBUCKS JACKS UP COST OF COFFEE
» SUICIDE BOMBER KILLS 22 IN IRAQ
» WAL-MART GOES WEB 2.0
» VIDEO CATCHES BRITNEY SPEARS IN PROFANITY-LACED TIRADE VS PAPARAZZI
» SOURCE: MICHAEL VICK TO TAKE LEAVE OF ABSENCE FROM NFL
» KATE MOSS WORRIED ABOUT SEX VIDEO LEAKING ONTO INTERNET
» DREW CAREY REPLACING BOB BARKER ON "THE PRICE IS RIGHT"
» BIKINI CONTEST FOCUSES ON WOMEN'S BUTTS
» PEARL HARBOR 2? JAPAN BUILDS UP MILITARY AGAIN
» SANDEE WESTGATE: NEWSBABE 7.23.07
» TOWNS CRACKING DOWN ON MCMANSIONS
» NEWSPAPERS REFUSED TO PUBLISH PROPAGANDA OP-ED FROM CONDI RICE