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Jed Rakoff

Court Issues Harsh Rebuke To Hero Judge

Reuters | Posted 06.04.2014 | Business

By Jonathan Stempel and Sarah N. Lynch NEW YORK/WASHINGTON (Reuters) - A U.S. appeals court on Wednesday said a federal judge abused his discretion...

Tens Of Thousands Of Innocent People Plead Guilty: Judge

The Huffington Post | Simon McCormack | Posted 05.29.2014 | Crime

A federal judge said America's broken justice system is forcing innocent people to spend years in prison. Judge Jed Rakoff, who sits on the Federal...

Ben Hallman

Too Big To Jail: Wall St. Execs Unlikely to Face Criminal Charges, Source Says | Ben Hallman | Posted 09.08.2012 | Business

A last-ditch effort by federal and state law enforcement authorities to hold Wall Street accountable for nearly bringing down the U.S. economy is unli...

Ben Hallman

Federal Judge Takes A Stand Against The SEC | Ben Hallman | Posted 08.14.2012 | Business

U.S. District Court Judge Jed Rakoff doesn't need an admission of guilt in order to approve a controversial Citigroup settlement with government regul...

New Bill Aims To Make Penalties For Wall Street Crimes 'Mean Something'

Reuters | Posted 09.21.2012 | Business

By Sarah N. Lynch and Alexandra Alper WASHINGTON, July 22 (Reuters) - U.S. Senators are planning to introduce a bipartisan bill on Mon...

Ben Hallman

Occupy Wall Street-Affiliated Group Sides With Federal Judge In SEC Feud | Ben Hallman | Posted 05.24.2012 | Business

A group affiliated with Occupy Wall Street has come to the defense of a federal judge who is on the ropes in his fight with the Securities and Exchang...

Judge's Controversial Decision On Big Bank May Be Thrown Out

Reuters | Posted 05.15.2012 | Business

* John Wing to argue for voiding SEC-Citigroup settlement * Judge Rakoff rejected $285 mln accord in November * Rakoff a...

Ben Hallman

Fewer Defendants Would Deny Guilt Under New SEC Policy | Ben Hallman | Posted 01.07.2012 | Business

In a change of policy that comes after more than two years of public and embarrassing scoldings by a federal judge, the Securities and Exchange Commis...

Judge Scolds SEC Again In Citi Case

Reuters | Posted 02.28.2012 | Business

The U.S. Securities and Exchange Commission got a fresh dressing-down from the judge who rejected its $285 million settlement with Citigroup Inc, as h...

Howard Fineman

The Inspirationals: Judge Jed S. Rakoff | Howard Fineman | Posted 12.28.2011 | Politics

NEW YORK CITY -- With his neatly barbered white beard and his calm, careful demeanor, 68-year-old Judge Jed S. Rakoff seems too mild-mannered to be th...

You Can Arrest an Idea

Robert Scheer | Posted 01.31.2012 | Politics
Robert Scheer

The failure of the SEC or any other government agency to hold the banks accountable provides the essential justification for citizen action of the sort the Occupy movement has offered.

Goldman Sachs CEO Can Be Deposed, Judge Rules

AP | By LARRY NEUMEISTER | Posted 11.30.2011 | Business

NEW YORK -- Goldman Sachs chairman Lloyd Blankfein can be deposed in a civil case even before the April criminal trial of a former Goldman Sachs board...

On-The-Run Analyst Owes Tens Of Millions For Insider Trading

AP | By MARCY GORDON | Posted 10.24.2011 | Business

WASHINGTON -- A federal judge has ordered a former Moody's Investors Service analyst to pay $34.5 million after he fled the country to avoid facing in...

Bank Settlements: Judges Take A Stand, Shift Focus To Individual Responsibility

Huffington Post | Adam J. Rose | Posted 05.25.2011 | Business

Jed Rakoff has been called many things: a maverick, a prosecutor, a hero, and acerbic. As a judge on cases involving high finance, his rulings have of...

Judge Jed Rakoff Belongs on the Supreme Court

Dan Collins | Posted 05.25.2011 | New York
Dan Collins

This is the right time for a Supreme Court justice whose strong suit is securities law, and whose history shows he's not afraid to put that enormous expertise to use on the side of the people.

Jed Rakoff, 'Maverick' Judge, Putting Wall Street In Its Place

Los Angeles Times | Posted 05.25.2011 | Business

The economic crisis has brought out the populist in many politicians and others. Among the more unlikely ones may be a silver-bearded federal judge wh...

Jed S. Rakoff, The Judge Weighing Merrill Case

New York Times | LOUISE STORY | Posted 05.25.2011 | New York

Jed S. Rakoff, a United States District Court judge in Manhattan, is not one to rubber-stamp administrative decisions. Known as a maverick in legal c...