Another Round of Heller Lay Offs: Hundreds of remaining Heller Ehrman employees are being laid off today according to The Recorder. Those affected by today’s layoffs will receive health insurance at least through the end of October.
Stevens Testifies: Sen. Ted Stevens testified for about 10 minutes yesterday, mostly about his background, according to Legal Times. Stevens said he believed his Senate financial disclosure forms were accurate and truthful. The 84-year-old Republican from Alaska will be back on the stand Friday morning.
No Golden Parachute: American International Group says it has canceled a multimillion-dollar severance package for outgoing chief financial officer Steve Bensinger. The Associated Press reports New York Attorney General Andrew Cuomo says Bensinger’s package was worth about $10 million.