MF Global is another glaring example of our hypocrisy and cronyism and lack of will to restore rule of law to our financial system. The perception is that the needle has moved further in the wrong direction.
Coming this fall, as President Obama makes his final push for a second term, his Justice Department will finally give the public what it wants in the form of an arrest of a major Wall Street figure for his role in the financial crisis.
Even if all of the MF Global money is eventually clawed back and recovered, this remains an impermissible act. People have been denied access to their money, and businesses and reputations have been tarnished. So far, no one has been held accountable.
New Jersey has backed out of a federal lawsuit calling for tougher ozone regulation than what was implemented by the Bush administration in 2008, acco...
Investors who are victims of crime or financial fraud might have an easier time dong background search in trying to avoid Ponzi schemes before making investments than guessing which bank, Future Commission Merchant, or broker goes bankrupt.
In my opinion, MF Global former CEO Jon Corzine knew or should have known there was a strong probability that customer funds would be transferred. As it happens, they were.
Greg Smith's recent wail of resignation made it clear that Goldman Sachs has long lost touch with these simple truths. The thing is, though, you don't have to be a client of Goldman's to lose out, you just have to be, well, a human.
March 26 (Reuters) - ConocoPhillips, billionaire investor Carl Icahn, Coca Cola, Dominion Resources and giant energy trader Mercuria were among high-p...
WASHINGTON -- Former President Bill Clinton has ended his paid relationship with the global financial consulting and private equity firm Teneo Capital...
Since the September 2008 financial crisis, we've seen a pattern of misdeeds, dodgy financial reporting, congressional "investigations" that are all for show, slow and incompetent investigations, and ultimately a slap on the wrist for wrong-doers.
The Republican National Committee got into the Valentine's Day spirit Tuesday with a line of teasing e-cards that were less hearts than arrows directe...
New Jersey Gov. Chris Christie (R) will be leading a New Jersey invasion of Washington Thursday night, following the state's annual train party for po...
An Italian-American advocacy group is slamming Rush Limbaugh for making an on-air ethnic slur in December, now demanding that the conservative talk sh...
Still angry at your old boss? Some former employees of bankrupt brokerage firm MF Global have found a way to deal with their frustration. Hint: It inv...