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Entries by D.M. Levine from 07/2012

Barclays Scandal Bad News For Investor Confidence

Posted 07.03.2012 | Business

The ballooning interest rate manipulation scandal at Barclays, coupled with stock market instability, is likely to fuel fresh doubts about the integri...

Barclays Criminal Probe Begins, Experts Speculate Other Banks Involved In Libor Manipulation

Posted 07.05.2012 | Business

As the Libor manipulation scandal at British banking giant Barclays continues to escalate with the launch of a criminal probe, U.S. traders, former re...

SEC Approves Trading Platform To Compete With Dark Pools

Posted 07.06.2012 | Business

Don't call it a dark pool. On Wednesday, the Securities and Exchange Commission approved a new trading program at the New York Stock Exchange int...

Libor Scandal: As New York Fed Chief, Timothy Geithner Had Multiple Meetings With Barclays

Posted 07.10.2012 | Business

As president of the New York Federal Reserve before and during the financial crisis, Treasury Secretary Timothy Geithner met repeatedly with Barclays ...

PFG Collapse Hits Some MF Global Victims

Posted 07.12.2012 | Business

When commodities brokerage firm MF Global collapsed last October, losing $1.6 billion in customer funds in the process, Christopher Dickerson was sure...

Peregrine Financial Group's Former Employees Recall A Troubled Workplace

Posted 07.14.2012 | Business

When Leon Bressert first heard that his former employer, Peregrine Financial Group, had collapsed amid fraud allegations, he was not surprised. “I w...

Massive Romney IRA Still Sparks Unanswered Questions

Posted 07.17.2012 | Business

As Mitt Romney’s refusal to release further tax returns becomes a central issue in the presidential race, a related question first raised in January...

After PFGBest, 'Crisis' In Commodities Trading Could Impact Everyday Consumers

Posted 07.20.2012 | Business

First, there was a banking crisis. Now, after the collapse of Peregrine Financial Group, commodities markets may be on the brink of their own emergenc...

Jim Rogers, Commodities Trader, Profits From Drought-Driven High Corn Prices

Posted 07.31.2012 | Business

Across the Midwest, one of the worst droughts in decades is ravaging crops and driving the price of corn and other basics to record heights. It’s ba...