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Is It Possible Madoff and Feeder Funds Will Not Be Sued by Big Fish?

Vivian Norris | Posted 05.25.2011 | Business
Vivian Norris

Why would certain well-off clients and investors in the feeder funds (for example Switzerland's Union Bancaire Privee) not sue Madoff for his illegal ...

SEC Watched Porn, Ran Private Businesses Instead Of Catching Madoff, Report

ProPublica | Posted 05.25.2011 | Business

The Securities and Exchange Commission is taking a drubbing these days for its abject failure―despite detailed tips―to catch Bernie Madoff in what...

License to Steal: 50 Billion Con Rocks Wall Street

Danny Schechter | Posted 05.25.2011 | Business
Danny Schechter

One financial analyst said that some of his investors assumed he was doing something illegal--perhaps insider trading--which is why they wanted him to manage their money.

A Tame Regulator for the SEC

Robert Kuttner | Posted 05.25.2011 | Politics
Robert Kuttner

If you have not heard of Mary Schapiro, it is because she has not been much of a player, much less a crusader, in the struggle for reform. She is the kind of Democratic appointment that allows Wall Street to breathe a huge sigh of relief.

Christopher Cox Blasts Own Department For Missing Madoff Scheme

AP | PETE YOST and MARCY GORDON | Posted 05.25.2011 | Business

WASHINGTON — The fraud investigation of Wall Street money manager Bernard L. Madoff took unusual twists Wednesday as the U.S. attorney general r...

Mary Schapiro: Chairman Of Securities And Exchange Commission

AP | NEDRA PICKLER and LIZ SIDOTI | Posted 05.25.2011 | Business

CHICAGO — Nearing completion of his Cabinet, President-elect Barack Obama has selected California Rep. Hilda Solis as his labor secretary and fo...

Shana Madoff, Bernard's Niece, Married SEC Veteran

MarketWatch | Posted 05.25.2011 | Business

The Securities and Exchange Commission plans to probe the relationship between the niece of financier Bernard L. Madoff and a former official at the a...

Madoff the Unoriginal!

John R. Price | Posted 05.25.2011 | Business
John R. Price

Bernard Madoff is a charming, sophisticated thief who used a common, garden-variety scheme to separate intelligent investors from their money. And the investors should have known better.

Madoff Bragged About Profits To SEC While Advising On Oversight

AP | Posted 05.25.2011 | Business

WASHINGTON — Securities and Exchange Commission chairman Christopher Cox said Tuesday his agency repeatedly failed for at least a decade to purs...

The Billioniare Bloggers

Forbes | Devon Pendleton | Posted 05.25.2011 | Business

When the SEC charged Internet billionaire Mark Cuban with insider trading on Nov. 17, the brash mogul's followers knew where to look for the best comm...

Let Clinton Be King

Reese Schonfeld | Posted 05.25.2011 | Media
Reese Schonfeld

I was asked, "What would you do if you were running CNN today?" "I'd fire Larry King and hire Bill Clinton," I answered.

Chicago Mercantile Exchange To Run Credit Default Swaps Market

Crain's Chicago Business | Ann Saphir | Posted 05.25.2011 | Chicago

Regulators expect to give the go-ahead to CME Group Inc. and rivals to clear contracts in the $47 trillion market for credit default swaps by the midd...

Report: Mark Cuban Staying Loose, Partying With Vodka And Women Amid SEC Charges

Page Six | Posted 05.25.2011 | Business

Despite being recently charged by the SEC with insider trading, Mark Cuban was reportedly spotted partying with vodka and girls, reports Page Six: JU...

Mark Cuban: Confidentiality Agreement Didn't Exist

Clusterstock | Joe Weisenthal | Posted 05.25.2011 | Home

As we predicted, Mark is fighting this on the grounds that he didn't have a "duty of confidentiality" and so therefore was free to trade on the inform...

Mark Cuban Insider Trading Charges: Mamma.com -- ALL YOU NEED TO KNOW

Huffington Post | Dave Burdick | Posted 05.25.2011 | Business

Dallas Mavericks owner Mark Cuban has been charged by the SEC with insider trading relating to Mamma.com. The Wall Street Journal reports that the M...

There Might Be a Political Reason for Insider Trading Claims Against Mark Cuban

Paula Duffy | Posted 05.25.2011 | Business
Paula Duffy

An item appeared on a New York Times blog that makes me understand why Mr. Cuban seems to be throwing caution to the wind and making an accusation of federal misconduct.

Mamma.com: Mark Cuban Trading Scandal

MarketWatch | Posted 05.25.2011 | Business

SAN FRANCISCO (MarketWatch) -- The Securities and Exchange Commission on Monday charged Dallas Mavericks owner and Internet entrepreneur Mark Cuban wi...

More On the Sky Falling

Tim Berry | Posted 05.25.2011 | Business
Tim Berry

I'm usually just working on small business, but yesterday, as I went over the Sunday New York Times, I hit upon one piece by Ben Stein that struck a cord.

South Dakota's Bid To Take Over For The SEC And Other Ballot Measures

Wall Street Journal | Dionne Searcey and Easha Anand | Posted 05.25.2011 | Business

Perhaps no state has tapped into the current zeitgeist better than South Dakota, which proposes banning a maneuver some federal officials say contribu...

SEC No Evil: Cox Undermined And Demoralized Enforcement Staff

Portfolio | Posted 05.25.2011 | Home

For months, Christopher Cox, the chairman of the Securities and Exchange Commission, has been under fire for a belated response to market upheavals st...

How to Save the Global Financial System

Diane Francis | Posted 05.25.2011 | Business
Diane Francis

This crisis is not about the failure of capitalism, globalisation or free enterprise. It is about the fact that there are two economies: the financial economy and the "real" economy.

Christopher Hitchens' Economic Assessment: United States Is A "Banana Republic"

Vanity Fair | Christopher Hitchens | Posted 05.25.2011 | Business

But still, the chief principle of banana-ism is that of kleptocracy, whereby those in positions of influence use their time in office to maximize thei...

Short-Selling Ban Expiring: Did It Change Anything?

DealBook | Posted 05.25.2011 | Business

Few expect their return, on its own, to spark another precipitous plunge in the stock market. Financial shares have plunged 23 percent since the ban w...

Investment Bank Oversight Program Ending, SEC Says

Reuters | Posted 05.25.2011 | Business

WASHINGTON (Reuters) - The U.S. Securities and Exchange Commission is ending its program to supervise large independent investment banks now that the ...

S.E.C. Chairman: Oversight Failures Fueled Collapse

New York Times | STEPHEN LABATON | Posted 05.25.2011 | Business

The chairman of the Securities and Exchange Commission, a longtime proponent of deregulation, acknowledged on Friday that failures in a voluntary supe...