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Judge Rakoff

Top Bankers Evaded Financial Crisis Justice -- and Will Never Be Prosecuted for Their Crimes

Frank Vogl | Posted 03.16.2014 | Crime
Frank Vogl

A leading New York judge now provides disturbing answers and underscores that none of the key bankers who caused the crisis will ever be criminally prosecuted.

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...

SEC Wins Emergency Stop In Citi Fraud Case

Posted 12.27.2011 | Business

The Securities and Exchange Commission won a delay in its securities fraud lawsuit against Citigroup Inc, as the regulator tries to appeal a judge's d...

Report: SEC Wants To Appeal Blocked Citi Settlement

Posted 12.15.2011 | Business

Enforcement staff of the Securities and Exchange Commission may request the commissioners leading the agency that they appeal last month's rejection b...

The Emperor Has No Clothes

Ted Kaufman | Posted 01.02.2012 | Politics
Ted Kaufman

If we look back on the Fall of 2011 a few years from now, I suspect we may trace the beginnings of real reform from two events that occurred last week with little fanfare.

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 Rakoff Rejects Settlement Over Merrill Bonuses

New York Times | ZACHERY KOUWE | Posted 05.25.2011 | New York

As President Obama traveled to Wall Street on Monday and chided bankers for their recklessness, across town a federal judge issued a far sharper rebuk...