I find it intriguing that well-educated, successful people would engage in this conduct. It raises these questions: If hedge fund managers have the secret mojo that permits them to obtain outsized returns without taking commensurate risks, why do they have to resort to illegal conduct?
Could the crisis have been averted if our financial regulators were more plugged into the communities that were hit first and hardest?
We've compiled a slideshow of the top 10 oil exporting countries and listed the cost that corruption and financial opacity has on each country's economy.
Obama's State of the Union promise to open more offshore oil and gas fields and support natural gas development lacks one ingredient if the public is to receive the full economic benefits.
In a little noticed vote, the Commodity Futures Trading Commission reversed course last week on a rule that had the potential to save cities and school districts across the country billions in excess costs on the swaps they purchase to hedge their interest rate and other risks.
Today marks the unfortunate two-year anniversary of the Supreme Court's Citizens United ruling that opened the floodgates for undisclosed spending in ...
To have brought Goldman to the judgment of its citizen peers in a court of law would have been calmingly therapeutic for the nation as a whole. What transpired, however, seemed like a rigged extravaganza.
For those who want the Securities and Exchange Commission to fulfill its mission of protecting investors, the New Year brings more bleak reality.
The people who argue there is too much regulation are right, because so much of it is ill-conceived and counterproductive. The people that argue there is too little regulation are also right, because most government action, both good and bad, ignores the 99%.
Why has the SEC apparently pursued such minimal settlements? The answers are surprising in that they reflect a wide discrepancy of views.
The core lesson of the Corzine imbroglio and his "Who me?" testimony before various congressional committees has not been instinctively overlooked, but certainly not emblazoned into our consciousness, as well it should be.
The U.S. House overwhelmingly passed its first significant crowdfunding legislation, in the form of H.R. 2930, the Entrepreneur Access to Capital Act....
The ruling of Judge Rakoff has caused consternation on Wall Street.
The Securities and Exchange Commission and Citibank mistook Federal Judge Jed S. Rakoff for a robo-signer to their toothless fraud settlement deal. Big mistake.
In light of the financial meltdown, many thought that, finally, the Wall Street cop -- the SEC -- was back on the beat. Sadly, the agency's recent settlement with Citigroup makes it look like they are still more interested in appearing tough than being tough.
Leaders who describe themselves as "authentic" are like sentences that start with, "To be honest." Whenever big cheeses proclaim "authentic leadership" as their effective guiding principle, chances are they're not so authentic, and they may not be effective or principled either.