Blackwater execs authorized $1 million in bribes to quell criticism of company guards having killed Iraqi citizens, reports The New York Times.

Former Bear Stearns hedge fund managers Matthew Tannin and Ralph R. Cioffi were acquitted Tuesday of conspiracy and fraud charges, Reuters reports.

Ezra Levy, CFO of Boston Provident Partners, was arrested Tuesday on charges that he stole more than $1.3 million from the firm, Bloomberg reports.

CBS has hired wildly popular Tweeter Justin Halpern to adapt ShitMyDadSays to network television, writes Hollywood Reporter.

Connecticut Gov. M. Jodi Rell announced Monday that she would not seek re-election, reports the Hartford Courant.

Goldman Sachs chief Lloyd Blankfein is causing quite a stir with his comment that he is “doing God’s work.”

Red Sox owner John Henry has fired a fourth of the employees at his hedge fund, reports The New York Times.

Rupert Murdoch’s son, Lachlan, has set a record for real estate in Australia, paying $21 million for his new house, reports Silicon Alley Insider.

Federal prosecutors have charged 14 more people in the insider trading case revolving around hedge funder Raj Rajaratnam.

Former New York City Police Commissioner Bernard B. Kerik pleaded guilty Thursday to tax fraud, lying on a loan application and lying to government officials vetting his nomination to head the Department of Homeland Security.

Fortune magazine has chosen Apple chief Steve Jobs as CEO of the decade.

Carly Fiorina, former Hewlett-Packard CEO and an adviser to the 2008 McCain campaign, has announced that she’ll run for the U.S. Senate seat held by Barbara Boxer.

Alec Baldwin and Steve Martin will co-host the Oscars, reports the Los Angeles Times.

Billionaire Julian H. Robertson Jr. has won a bid to avoid tens of millions of dollars in New York City taxes, reports the New York Law Journal.

David Friehling, former accountant for Bernard Madoff, pleaded guilty to fraud charges Tuesday, Bloomberg reports.

Indicted financier R. Allen Stanford will no longer be addressed as “sir” in Antigua. The Associated Press reports that his knighthood has been revoked.

Twenty-three presidents of private colleges made more than $1 million last year, according to the Chronicle of Higher Education.

San Francisco Mayor Gavin Newsome has bowed out of the California governor’s race, reports the Los Angeles Times.

Harvard professor Henry Louis Gates and police officer James Crowley were spotted Wednesday in a Cambridge bar, according to Boston TV station WBZ, apparently continuing their beer summit without the president.

Patricia Kluge, former wife of billionaire John Kluge, has put her Charlottesville estate on the market for $100 million, reports the Wall Street Journal.