Judge Jed Rakoff on Huffington Post

Occupy Wall Street-Affiliated Group Sides With Federal Judge In SEC Feud

2012-05-24T18:12:47Z

A group affiliated with Occupy Wall Street has come to the defense of a federal judge who is on the ropes in his fight with the Securities and Exchang...

Read more: Video, Securities and Exchange Commission, Judge Jed Rakoff, Citigroup, Occupy Wall Street, Jed Rakoff, Business News

Oldest Private Swiss Bank Denies Claims It Helped Americans Evade Billions In Taxes

2012-05-23T19:48:00Z

NEW YORK, May 23 (Reuters) - Wegelin & Co, the oldest Swiss private bank, is digging in its heels against a U.S. criminal charge that it conspir...

Read more: Offshore Bank Accounts, Swiss Courts, Video, Switzerland, Reuters, Swiss Banks, Tax Evasion, Tax Fraud, Judge Jed Rakoff, Wegelin, Business News

Former State Senator Kruger Sentenced To 7 Years For Corruption

2012-04-27T08:37:42Z

Former New York state senator Carl Kruger, who resigned his office in December just before pleading guilty to corruption charges, was sentenced to sev...

Read more: Corruption, Mill-Basin-Brooklyn, Senator Carl Kruger, Ny News, Michael Turano, New York Crime, Bribery, New York News, Judge Jed Rakoff, Carl Kruger, New York News

Walmart Likely To Escape Criminal Charges In Mexico Bribery: Experts

2012-04-23T18:53:00Z

Despite public embarrassment and blistering headlines, Walmart will likely escape criminal charges over allegations the retailer bribed officials in M...

Read more: Walmart, Video, Foreign Corrupt Practices Act, Walmart Bribery, Wal-Mart-Bribery, Securities and Exchange Commission, Justice Department, Slidepollajax, Judge Jed Rakoff, Business News

Judge's Controversial Decision On Big Bank May Be Thrown Out

2012-03-15T11:43:00Z

* John Wing to argue for voiding SEC-Citigroup settlement * Judge Rakoff rejected $285 mln accord in November * Rakoff a...

Read more: Video, Jed Rakoff Citigroup, Citigroup SEC Settlement, District Judge Jed Rakoff, Reuters, Jed Rakoff, SEC Citigroup, Business News, Jed-Rakoff-Sec-Citigroup, Judge Jed Rakoff, Business News

Fewer Defendants Would Deny Guilt Under New SEC Policy

2012-01-06T18:25:00Z

In a change of policy that comes after more than two years of public and embarrassing scoldings by a federal judge, the Securities and Exchange Commis...

Read more: Sec Settlement, Sec Settlement Policy, Jed Rakoff, Citigroup Settlement, Sec, Judge Rakoff, Securities and Exchange Commission, Wachovia, Judge Jed Rakoff, Business News

Judge Scolds SEC Again In Citi Case

2011-12-29T17:47:00Z

The U.S. Securities and Exchange Commission got a fresh dressing-down from the judge who rejected its $285 million settlement with Citigroup Inc, as h...

Read more: Video, Sec-Citigroup-Settlement, Jed Rakoff, Reuters, Business News, SEC Citigroup, Jed Rakoff Sec Citigroup, Securities and Exchange Commission, Judge Jed Rakoff, Citigroup, Business News

The Inspirationals: Judge Jed S. Rakoff

2011-12-27T12:27:58Z

NEW YORK CITY -- With his neatly barbered white beard and his calm, careful demeanor, 68-year-old Judge Jed S. Rakoff seems too mild-mannered to be th...

Read more: Video, Judge Jed S. Rakoff, Jed Rakoff, Citibank, Bank of America, Sec, The-Inspirationals, The Inspirationals, Jed-S-Rakoff, Judge Jed Rakoff, Politics News

Federal Judge Rudolph Randa Rules SEC Agreement Too Soft

2011-12-22T15:45:00Z

A federal judge in Milwaukee has criticized the Securities and Exchange Commission for being too soft with corporate enforcement, marking the second t...

Read more: Koss Corp., Stereo Headphones, Regulations, Wall Street, Settlement, U.S. District Judge, Citibank, Accounting Fraud, Enforcement, Judge Rudolph Randa, Sec, Federal Judge, Adam Pritchard, Securities and Exchange Commission, Judge Jed Rakoff, Business News

Ed Koch: Judge Jed Rakoff -- A Light Unto His Fellow Jurists

2011-12-06T12:05:32Z

The ruling of Judge Rakoff has caused consternation on Wall Street.

Read more: Fraud, Sec, Securities and Exchange Commission, Fines, Judge Jed Rakoff, Citigroup, New York News

David N. Myers: Theocracy In America?

2011-12-04T15:30:32Z

Kiryas Joel is a legally recognized municipality outside of New York City, whose population is made up almost entirely of members of the Satmar branch of Hasidic Judaism. It appears as an island of uniformity.

Read more: Judaism, Kiryas Yoel, Kiryat Yoel, Kiryas Joel, Hasidic Jewish Communities, Religion in America, Kiryas Joel Court Case, American Theocracy, Separation of Church and State, Theocracy in America, Judge Jed Rakoff, Religion News

Arianna Huffington: Sunday Roundup

2011-12-04T00:00:01Z

This week, as police shut down the Occupy encampment in Los Angeles, a trio of stories fortified the movement's fundamental argument about the two-tiered nature of our democracy. First up was a report on how, in July 2008, then-Treasury Secretary Hank Paulson gave a group of Wall Street cronies inside information on the rescue of Fannie and Freddie. Then came word that, in the midst of the financial meltdown, the Fed had secretly loaned banks $7.7 trillion with absolutely no strings attached -- loans the banks used to turn a $13 billion profit (while foreclosures escalated and small businesses struggled to get loans). Finally, heroic Judge Jed Rakoff's rejection of a sweetheart fraud settlement the SEC had gift-wrapped for Citigroup turned a spotlight on how the public interest is routinely sacrificed on the altar of expediency, and how the lack of accountability makes it much more likely that the wrongdoers will do wrong again and again without paying a real price.

Read more: Fed Secret Bailouts, Sec, Citigroup SEC Settlement, Occupy Los Angeles, Bank Bailouts, Judge Jed Rakoff, Henry Paulson, Politics News

Mark W. Schleisner: The 99 Percent Win One Against Citibank

2011-11-30T17:14:57Z

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.

Read more: Sec, Politics, Occupy Wall Street, Citibank, Business, Securities and Exchange Commission, Rakoff, Judge Jed Rakoff, Politics News

Court Rules SEC Can No Longer Be 'Yapping, Small Dog'

2011-11-29T17:06:04Z

When federal judge Jed Rakoff tossed out a proposed settlement between the Securities and Exchange Commission and banking giant Citigroup on Monday, h...

Read more: Citi, Rakoff, Southern District, Foreclosure Crisis, Wall Street, Bank of America, Mortgage Crisis, Sec, Mortgage Bonds, Securities and Exchange Commission, Judge Jed Rakoff, Citigroup, Business News

Dennis M. Kelleher: Are the SEC and Citigroup Deceiving A Federal Judge?

2011-11-17T11:13:00Z

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.

Read more: Fraud, Citigroup, Settlement, State Street, Financial Crisis, Investigation, Lawsuit, Securities and Exchange Commission, Judge Jed Rakoff, Business News

Juror Ejected From Citigroup Trial Over Ties To Michael Moore Movie

2010-11-03T08:18:07Z

NEW YORK — A New York judge has dismissed a juror in the legal battle between a British private equity firm and Citigroup without addressing com...

Read more: Captialism a Love Story, Emi, Citigroup EMI, Citigroup Trial, Michael Moore, Judge Jed Rakoff, Business News

Dan Collins: Giving Thanks in New York

2010-11-23T12:28:29Z

Let's face it, when you count your blessings this year the first thing that springs to mind is not going to be the New York state legislature. Still, there's lots in New York to give thanks for.

Read more: Joe Bruno, Andrew Cuomo, Governor David Paterson, Ground Zero Settlement, Hiram Monserrate, Hank Morris, Thanksgiving, Harlem Children's Zone, Pedro Espada, Geoffrey Canada, Alan Hevesi, Carl Paladino, Judge Jed Rakoff, Thanksgiving 2010, New York News

Bank Settlements: Judges Take A Stand, Shift Focus To Individual Responsibility

2010-08-23T23:34:13Z

Jed Rakoff has been called many things: a maverick, a prosecutor, a hero, and acerbic. As a judge on cases involving high finance, his rulings have of...

Read more: Barclays, Citigroup, Bank Settlements, Sec, Judge Rakoff, Bank Deals, Bank of America, Jed Rakoff, Emmet G. Sullivan, Judge Jed Rakoff, Ellen Segal Huvelle, Business News

Lawrence W. Schonbrun: The Class Action's Frankenstein Status Confirmed

2010-05-03T11:50:58Z

We all know the story of Dr. Frankenstein, whose well intentioned discovery of reviving the dead regrettably creates a monster who wreaks havoc on his...

Read more: Securities Class Action, Sec, Tort Reform, Bank of America, Judge Jed Rakoff, Class Action, Home News

Dan Collins: Judge Jed Rakoff Belongs on the Supreme Court

2010-04-14T09:44:13Z

This is the right time for a Supreme Court justice whose strong suit is securities law, and whose history shows he's not afraid to put that enormous expertise to use on the side of the people.

Read more: Bank of America, Supreme Court Nominees, Obama Supreme Court, Merrill Lynch, Merrill Lynch Bonuses, Jed Rakoff, Wall Street, Wall Street Rakoff, Judge Jed Rakoff, Financial Reform, Financial Regulation, New York News

Jed Rakoff, 'Maverick' Judge, Putting Wall Street In Its Place

2010-04-11T19:55:06Z

The economic crisis has brought out the populist in many politicians and others. Among the more unlikely ones may be a silver-bearded federal judge wh...

Read more: Merrill Lynch, Bank of America, Sec, Wall Street Crisis, Wall Street, Merrill Lynch Bank of America, Jed Rakoff, Jpmorgan, Judge Jed Rakoff, Financial Crisis, Business News

Bank of America's SEC Settlement Approved By Federal Judge

2010-02-22T11:11:46Z

NEW YORK (BY LARRY NEUMEISTER, AP) -- A Federal judge said Monday he would reluctantly approve an amended $150 million settlement between the Securiti...

Read more: Bank of America, Bank of America SEC, Bank of America Settlement, Judge Jed Rakoff, Merrill Lynch Bank of America, Business News

Bank of America-SEC Settlement Terms Challenged By Judge For Second Time

2010-02-18T12:15:19Z

Bank of America says it is opposed to a judge's proposal to appoint an outside compensation consultant as part of a settlement with the Securities and...

Read more: Merrill Lynch, Andrew Cuomo, Ken Lewis, Merrill Lynch Bonuses, Bank of America, Merrill Lynch Bank of America, Securities and Exchange Commission, Judge Jed Rakoff, Business News

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

2009-11-09T10:55:53Z

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.

Read more: Merrill Lynch, JP Morgan, Jefferson County, Merrill Lynch Bonuses, Merrill Lynch Bank of America, Bank of America, SEC Bank of America, SEC BofA, Jefferson County Jp Morgan, Judge Jed Rakoff, Business News

Dan Collins: The Smartest Guy in the Room

2009-10-27T12:02:10Z

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.

Read more: Andrew Cuomo, Wall Street, Merrill Lynch Bonuses, Ken Lewis, Merrill Lynch Bank of America, Bank of America, Bernard Madoff, US Attorneys, Securities and Exchange Commission, Judge Jed Rakoff, New York News