Business briefs
WaMu suit
The FDIC sued former WaMu CEO Kerry Kill inger and ex-COO Ste phen Rotella, alleging they caused billions of dollars in losses by tak ing extreme risks with the bank’s home-loan portfolio.
Breeden exit
Richard Breeden will step down as chairman of H&R Block more than three years after the hedge-fund man ager and former SEC head won control of the tax preparer.
Goldman sued
Goldman Sachs was accused of fraud by South Korea’s Heungkuk Life Insurance for alle gedly concealing that it was betting against a CDO.
Nike miss
Sporting goods maker Nike reported third- quarter profit that missed analysts’ esti mates amid higher costs, sending shares down as much as 6 per cent in after-hours trading, to $80.18.
Yoplait deal
General Mills is near a deal to buy PAI Partners’ half of Yoplait in a deal that values the yogurt maker at about $2.24 bil lion, sources said.

