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Robert Khuzami

Zach Carter

Former Government Regulators Help Keep Banks Too Big To Fail

HuffingtonPost.com | Zach Carter | Posted 02.11.2013 | Politics

WASHINGTON -- The steady flow of officials from the Securities and Exchange Commission into top corporate jobs feeds a regulatory culture of weak law ...

As Federal Prosecutors Cash In, Big Bankers Go Unpunished

Richard (RJ) Eskow | Posted 03.29.2013 | Politics
Richard (RJ) Eskow

We needed heroes after the financial crisis. Instead we got bureaucrats, compromisers, and perhaps something much worse.

Wall St. Watchdog Loses Key Enforcer

Reuters | Posted 12.21.2012 | Business

WASHINGTON (Reuters) - Robert Khuzami, the head of the U.S. Securities and Exchange Commission's enforcement division, plans to step down as early as ...

Giant Bank Hid Billions In Losses: Report

The Huffington Post | Mark Gongloff | Posted 12.06.2012 | Business

During the financial crisis, German banking behemoth Deutsche Bank seemed like one of the few banks in the U.S. and Europe strong enough to weather th...

Ben Hallman

Federal Investigators Punt On Goldman Sachs, Other Financial Crisis Prosecutions

HuffingtonPost.com | Ben Hallman | Posted 08.10.2012 | Business

By 2006, Goldman Sachs traders knew that the investments packed with subprime home mortgages they had been selling at big profits for the last few yea...

The Financial Industry's Zombie Problem

Reuters | Posted 08.03.2012 | Business

WASHINGTON, June 3 (Reuters) - U.S. regulators are looking at so-called zombie funds where money managers continue to get paid from investors even t...

Ben Hallman

New York AG, Feds On Defensive About Mortgage Fraud Task Force

HuffingtonPost.com | Ben Hallman | Posted 04.19.2012 | Business

It's been a little less than three months since President Barack Obama announced the creation of a new task force to investigate the mortgage and bank...

The Latest SEC/Goldman Sachs Sweetheart Deal Is the Worst One Yet

Richard (RJ) Eskow | Posted 06.12.2012 | Business
Richard (RJ) Eskow

The $22 million agreement with Goldman Sachs which the SEC announced yesterday -- another one in which the guilty party "neither confirms nor denies wrongdoing" -- looks like the worst deal yet.

Fannie, Freddie & Freud: Washington Needs a Shrink

Adam Levin | Posted 02.20.2012 | Politics
Adam Levin

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%.

Ex-Goldman Sachs Board Member Accused Of Insider Trading

The Huffington Post | William Alden | Posted 05.25.2011 | Business

Goldman Sachs former director Rajat K. Gupta has been charged with insider trading by the Securities and Exchange Commission, for allegedly giving a h...

Top SEC Official Probed For Role In Citi Settlement

Bloomberg | Joshua Gallu | Posted 05.25.2011 | Business

...

4 More Charged In Biggest Insider-Trading Case In U.S. History

Yahoo! Finance | Marcy Gordon, AP Business Writer | Posted 05.25.2011 | Business

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Memo to U.S. Attorney General Eric Holder re: Operation Broken Trust

Phil Trupp | Posted 05.25.2011 | Business
Phil Trupp

General Holder, we're happy you're showing a pulse (it's overdue) and slamming the smaller weasels. But how about stopping the swindlers of all sizes before they've stripped their victims to the bone?

Fed Charges Over 500 People With Financial Fraud, Uncovers $10.4 Billion

washingtonpost.com | Zachary A. Goldfarb | Posted 05.25.2011 | Business

Federal authorities announced Monday that they had charged hundreds of defendants in "Operation Broken Trust," a 31/2-month effort to stop investment ...

Manicurist Hit With Corruption Charges -- Know What I'm Sayin'?

Bill Singer | Posted 05.25.2011 | Business
Bill Singer

You ever wonder where so many popular but annoying sayings come from? How do these things even get started? You know? So, like, you know, just sayin',...

Financial Fraudsters Beware -- Breuer, Khuzami, Perkins Are Still on the Case

Ted Kaufman | Posted 05.25.2011 | Politics
Ted Kaufman

I will say now that I'm frustrated. We have seen very little in the way of senior officer or boardroom-level prosecutions of the people on Wall Street who brought this country to the brink of financial ruin. Why is that?

SEC: We've Toughened Enforcement Efforts After Madoff Scandal

AP | MARCY GORDON | Posted 05.25.2011 | Business

WASHINGTON — Senators pressed the Securities and Exchange Commission's chief enforcement official Wednesday to explain why the agency has yet to...

Darth Goldman: The Enterprise Value Strikes Back

Norb Vonnegut | Posted 05.25.2011 | Business
Norb Vonnegut

Yesterday, Goldman Sachs settled fraud charges associated with Abacus CDOs for $550 million. Not surprisingly, the settlement excluded Fabrice P. Tour...

The Goldman Sachs Settlement, the Wall Street Journal, Warren Buffett, and the White House

Raymond J. Learsy | Posted 05.25.2011 | Business
Raymond J. Learsy

The timing of the Goldman Sachs settlement has raised eyebrows coming almost simultaneously to the passage of the Financial Regulations Bill. Was the settlement, if not politically motivated, at the very least politically timed?

No More Deceit -- Strictly Regulate Wall Street

Leo W. Gerard | Posted 05.25.2011 | Business
Leo W. Gerard

If McConnell-style deceit about the financial reform bill continues in the Senate, serious regulatory reform won't happen. Half measures won't work. Only robust financial reform will end Wall Street's freedom to deceive.

10 Things You Don't Know (Or Were Misinformed) About the GS Case

The Big Picture | Barry Ritholtz | Posted 05.25.2011 | Business

I have been watching with a mixture of awe and dismay some of the really bad analysis, sloppy reporting, and just unsupported commentary about the GS ...

So Many Investors to Fleece, But So Little Time

Dan Solin | Posted 05.25.2011 | Business
Dan Solin

To borrow a line from those who opposed health care reform, I think we need to discard the present system and start all over again.

SEC's Widens Probe Into BofA, Merrill Deal

AP | MARCY GORDON | Posted 05.25.2011 | Business

WASHINGTON — The Securities and Exchange Commission has expanded its probe of Bank of America to include the bank's possible failure to disclose...

Robert Khuzami: SEC Prosecutor Wall Street's Latest Enforcer

Posted 05.25.2011 | Business

Wall Street's wrongdoers may have officially met their match. After less than six months on the job, Robert Khuzami, the newly appointed top prosecuto...

Sources: SEC Gearing Up For Insider-Trading Crackdown

Bloomberg | By Joshua Gallu and David Scheer | Posted 05.25.2011 | Business

Federal investigators are gearing up to file charges against a wider array of insider-trading networks, some linked to the criminal case against billi...