Senate Permanent Subcommittee on Investigations

Case Reveals Potential Tax Evasion Links At Swiss Banks

Reuters | Posted 03.06.2012

Read More: Wolfsberg Group, Video, Switzerland, Irs, Credit Suisse, Internal Revenue Service, Reuters, Swiss Banks, Conspiracy, Wegelin, Basler Kantonalbank, Tax Evasion, Justice Department, Offshore, UBS AG, Senate Permanent Subcommittee on Investigations, Business News

* Indictment of 3 Wegelin bankers highlights ties * Inter-bank links key to U.S. tax evasion crackdown * Authorities eye...

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William Alden

Senator Welcomes News Of Apparent Standard & Poor's Investigation

HuffingtonPost.com | William Alden | Posted 10.18.2011

Read More: Subprime Mortgages, Senate-Permanent-Subcommittee-on-Investigations, Economic Crisis, Business News, Financial Crisis, Standard & Poor's, Credit Rating Agencies, Collateralized Debt Obligations, Carl Levin, Moody's, Business News

NEW YORK -- As the financial world absorbs news that the federal government is apparently investigating potential misbehavior at Standard & Poor's, th...

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Shahien Nasiripour

Goldman Sachs Ripped Off And Misled Clients, Senate Report Says

HuffingtonPost.com | Shahien Nasiripour | Posted 06.15.2011

Read More: Cdos, Goldman Anderson, Financial Reform, Wall Street Reform, Goldman Sachs Investigation, Goldman Timberwolf, Goldman Sachs, Wall Street Crisis, Senate-Permanent-Subcommittee-on-Investigations, Goldman Abacus, Abacus, Carl Levin, Goldman Hudson, Business News

Goldman Sachs, the nation's fifth-largest bank by assets, systematically misled clients, sold them financial instruments it knew to be junk, bet again...

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William Alden

Rating Agencies Repeatedly Caved To Banks' Demands And Helped Cause Crisis, Report Finds

HuffingtonPost.com | William Alden | Posted 06.14.2011

Read More: Carl Levin Report, Investment Banks, Tom Coburn, Moody's Investor Services, Economic Crisis, Business News, Financial Crisis, Rating Agencies, Standard and Poor's Ratings, Carl Levin, Senate Permanent Subcommittee on Investigations, Business News

NEW YORK -- The major credit rating agencies repeatedly sold out to Wall Street banks, so addicted to short-term profits that they sacrificed the accu...

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Shahien Nasiripour

Goldman Sachs Values Assets Low, Sells High To Customers

HuffingtonPost.com | Shahien Nasiripour | Posted 06.14.2011

Read More: Goldman Sachs, SEC Goldman Sachs, Senate-Permanent-Subcommittee-on-Investigations, Wachovia, Securities and Exchange Commission, Carl Levin, Business News

As the subprime crisis was emerging on Wall Street, Goldman Sachs sold a client a slice of a complex security at a price nearly 50 percent higher than...

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William Alden

Goldman Sachs Chief Could Face Criminal Prosecution For Role In Financial Crisis

HuffingtonPost.com | William Alden | Posted 06.14.2011

Read More: Lloyd Blankfein, Goldman Sachs, Senate-Permanent-Subcommittee-on-Investigations, Economic Crisis, Abacus, Business News, Financial Crisis, Wall Street Banks, Short Selling, Carl Levin, Business News

WASHINGTON -- Goldman Sachs executives deceived clients in order to profit off the brewing financial crisis and then misled Congress when asked to exp...

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Senate Panel Slams Goldman Sachs

Reuters | Kevin Drawbaugh | Posted 06.13.2011

Read More: Lloyd Blankfein, Cdos, Dodd-Frank, Financial Reform, Standard and Poor's, Housing Crisis, Deutsche Bank, Goldman Sachs, Tom Coburn, Financial Oversight, Wall Street, Senate-Permanent-Subcommittee-on-Investigations, Washington Mutual, Office of Thrift Supervision, Financial Crisis, Sec, Mortgage-Backed Securities, Securities and Exchange Commission, Carl Levin, US Office of Thrift Supervision, Moody's, Housing Bubble, Business News

April 14, 2011 12:38:56 AM By Kevin Drawbaugh WASHINGTON (Reuters) - In the most damning official U.S. report yet produced on Wall Street's ...

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Credit Rating Agencies Triggered Financial Crisis, Report Finds

Reuters | Rachelle Younglai and Sarah N. Lynch | Posted 06.13.2011

Read More: Dodd-Frank Act, Housing Market, Dodd-Frank, Financial Reform, Standard and Poor's, Credit Rating Agencies, Credit Rating, Fitch Ratings, Credit Ratings, Tom Coburn, Senate-Permanent-Subcommittee-on-Investigations, Standard and Poor, Financial Crisis, Sec, Mortage-Backed-Securities, S&P, Securities and Exchange Commission, Moody's Corp, Carl Levin, Financial Regulation, Moody's, Business News

April 13, 2011 11:36:28 PM By Rachelle Younglai and Sarah N. Lynch WASHINGTON (Reuters) - Moody's Corp and Standard and Poor's triggered the...

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Nigeria: Crucifying Democracy on a Cross of Corruption

Bruce Fein | Posted 05.25.2011

Read More: Corruption, Hamid Karzai, Al Qaeda, Niger Delta, Guernsey Trust Company, Nixon v. United States, Zimbabwe, Fcpa, Terrorism, Foreign Corrupt Practices Act, United States, Manuel Noriega, Sima Holdings, Senate Permanent Subcommittee on Investigations, Jennifer Abubakar, Transparency International, Department of Justice, Afghanistan, Sani Abachi, Nigeria, Atiku Abubakar, Carl Levin, Panema, Letsgo, World News
Bruce Fein

If the United States permits international politics to hijack the rule of law at home, then democracy and rule of law abroad will falter, especially in places like Nigeria.

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Undermining Aid: How the U.S. Financial System Facilitates Overseas Corruption

Robert B. Lawrence | Posted 05.25.2011

Read More: Corruption, Foreign Aid, Money Laundering, Developing Countries, Terrorism, Foreign Affairs, Kleptocracy, Nevada, Iran, Malibu, Foreign Policy, Carolyn Maloney, Senate-Permanent-Subcommittee-on-Investigations, Global Witness, Narco-Trafficking, Beneficial Ownership, Banking, Delaware, Department of Justice, Shell Companies, Equitorial Guinea, Carl Levin, Financial Regulation, World News
Robert B. Lawrence

When governments around the world are taking measures in support of fiscal austerity, foreign assistance is always a prime target for the chopping blo...

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Shahien Nasiripour

JPMorgan Chase Memo Sneers At 'Ignorant' Senators, 'Time For The Grownups To Step In'

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011

Read More: JPMorgan Chase, The Financial Fix, Goldman Sachs, Wall Street Reform, Financial Reform, Financial Crisis, Carl Levin, Senate Permanent Subcommittee on Investigations, Video, Business News

A top executive at JPMorgan Chase told clients Monday that senators displayed "an unnerving ignorance of fundamental principles of market economics" d...

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Blankfein: Goldman Did NOT Bet Against Clients

AP | MARCY GORDON and ALAN ZIBEL | Posted 05.25.2011

Read More: Lloyd Blankfein, Goldman Sachs, Sec, Goldman Sachs Fraud, Senate Permanent Subcommittee on Investigations, Business News

WASHINGTON — Goldman Sachs developed a strategy to profit from the housing meltdown and reaped billions at the expense of clients, a Senate inve...

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