Judge Jed Rakoff

Why It's Wrong When Wrongdoers Are Allowed to Admit No Wrongdoing

Arianna Huffington | Posted 11.10.2009 | Business


Arianna Huffington

When corporate perpetrators don't have to admit they did anything wrong, it's as if the crime never happened. Which, of course, makes it much more likely that it will happen again.

The Smartest Guy in the Room

Dan Collins | Posted 10.27.2009 | New York


Dan Collins

Shock waves from Judge Jed Rakoff's scathing denunciation of a proposed settlement between the SEC and the Bank of America are still rippling through Wall Street and Washington.

B of A's Ken Lewis: Beware What You Wish For

Jill Schlesinger | Posted 10.01.2009 | Business


Jill Schlesinger

Ken Lewis likes to spring news on the market, which is why his resignation from Bank of America shouldn't have been all that surprising. But it was and here's why.

Merrill-BofA: Judge Jed Rakoff Exposes the Failures of the SEC

Georges Ugeux | Posted 11.24.2009 | Business


Georges Ugeux

Bank of America executives were paid $5.8 billion in bonuses when they merged with Merrill Lynch. Shareholders were not merely misled by the banks, but fed a bold-faced lie.

Passive Bank Directors Pose Systemic Risks

Emma Coleman Jordan | Posted 11.22.2009 | Business


Emma Coleman Jordan

A new report finds that an amazing 92 percent of the directors of TARP recipients who were in place before the financial crisis of 2008 still hold their jobs.

Dad, Dad, Uncle Alvin's Been Arrested

Norman Horowitz | Posted 11.21.2009 | New York


Norman Horowitz

In my humble opinion we should hire as many special prosecutors as are needed to investigate the stuff that happened on Wall Street that has screwed up our country and put as many as called for into jail.

Judge Jed Rakoff Takes On Bank Of America, SEC In Merrill Ruling

New York Times | ZACHERY KOUWE | Posted 11.15.2009 | 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...

Judge Wants SEC To Explain Why It Didn't Investigate BofA In Merrill Deal

AP | Marcy Gordon, AP Business Writer | Posted 09.26.2009 | Business


WASHINGTON (AP) -- A judge on Tuesday ordered federal regulators to explain why they didn't investigate whether executives at Bank of America Corp. mi...

Judge Jed S. Rakoff, A Legal Maverick

New York Times | LOUISE STORY | Posted 09.24.2009 | New York


Jed S. Rakoff, a United States District Court judge in Manhattan, is not one to rubber-stamp administrative decisions. Known as a maverick in legal c...

Letting the Banking Rats Out of the Bag

Robert Scheer | Posted 09.11.2009 | Business


Robert Scheer

Why has it been left to one stellar judge to sound the alarm on Bank of America and Merrill Lynch, and why is Congress and the Obama administration looking the other way?

Judge Refuses To Approve Bank of America-SEC Settlement Over Exec Bonuses

Reuters | Posted 09.06.2009 | Business


NEW YORK (Reuters) - A federal judge refused to approve a settlement between a top U.S. regulator and Bank of America Corp (BAC.N) over executive bonu...