Sec

LSU Vs. Alabama: Crimson Tide Beat Tigers 24-15, Win SEC West

AP | JOHN ZENOR | Posted 11.08.2009 | Home


TUSCALOOSA, Ala. — Julio Jones left defenders grasping at his heels and Alabama's defense was typically immovable. The Crimson Tide is riding th...

Ryan Grim

Civil War In Corporate America: Banks Battling The Chamber On Accounting Rules

HuffingtonPost.com | Ryan Grim | Posted 11.06.2009 | Business


Amid the ongoing financial regulation overhaul, the banking industry is hoping to pull off a quiet power grab that has eluded its grasp since the Grea...

U.S. Mortgage Fraud Remains at Epidemic Levels

Pat Choate | Posted 11.05.2009 | Business


Pat Choate

Nothing can better send a message to the world that the United States is serious about restoring the integrity of its money industry than by banning from it the prominent people who deceived the nation and the world.

JPMorgan Settlement: Bank To Pay SEC Over $700M Over Charges Of Illegal Payments

AP | MARCY GORDON | Posted 11.05.2009 | Business


WASHINGTON — JPMorgan Chase & Co. has agreed to pay $75 million in fines and forfeit $647 million in fees to settle federal regulators' charges ...

Shahien Nasiripour

House Panel Votes To Permanently Exempt Small Firms From Part Of Post-Enron Law

HuffingtonPost.com | Shahien Nasiripour | Posted 11.04.2009 | Business


A House panel voted Wednesday to permanently exempt more than half of all publicly traded companies from a seven-year-old post-Enron measure designed ...

Goldman Sachs Seizing Homes Subprime Mortgages Bought

McClatchy | Greg Gordon | Posted 11.02.2009 | Business


Goldman spent years buying hundreds of thousands of subprime mortgages, many of them from some of the more unsavory lenders in the business, and packa...

The Secrets To Goldman Sachs' Success: Contrary Bets, Predatory Lending, Government Connections, Offshore Tax Havens

McClatchy | Greg Gordon | Posted 11.01.2009 | Business


WASHINGTON -- In 2006 and 2007, Goldman Sachs Group peddled more than $40 billion in securities backed by at least 200,000 risky home mortgages, but n...

The $21.2 Billion Halloween Mask

Norb Vonnegut | Posted 10.29.2009 | Business


Norb Vonnegut

The season makes me wonder: What does it take to become a Halloween mask?

Warren Buffett and the Business of Life: Part 1 of 7

Alice Schroeder | Posted 10.29.2009 | Business


Alice Schroeder

Warren Buffett is never more himself than when he is given the chance to invest in something he wants at a price of his choosing.

SEC Changes the Game on CEO Succession

Alicia Whitaker | Posted 10.29.2009 | Business


Alicia Whitaker

Shareholders can now challenge the board to learn more about plans for CEO succession. This is one more action that will make it less likely that the CEO can fill the board with good old boys.

Goldman Sachs Defends Trading Practices: Dark Pools, Flash Trading, Short Selling

Telegraph | James Quinn, US Business Editor | Posted 10.28.2009 | Business


In a document handed to the US Securities and Exchange Commission (SEC), the investment bank asserts that such practices, some of which the SEC is loo...

Is the Morality Gene Missing?

Dan Solin | Posted 10.27.2009 | Business


Dan Solin

The news reinforces my belief that there is something rotten at the core of the financial services industry. I am not discussing old news like Bernie Madoff. Here are some items that crossed my desk this week.

A Reasonable Case For Regulation

Rep. Jackie Speier | Posted 10.26.2009 | Politics


Rep. Jackie Speier

How would you feel if you discovered that a highly-rated bond received its grade not because the company is strong, but because the rating agency assumed the government would bail the company out?

Modern Portfoolio Theory II

Norb Vonnegut | Posted 10.26.2009 | Business


Norb Vonnegut

What can investors do when their hedge funds implode? The Galleon scandal puts a fine point on this question.

Jeffry Picower Dead: Madoff Friend Found At Bottom Of Pool

AP | BRIAN SKOLOFF | Posted 10.26.2009 | Business


PALM BEACH, Fla. — Jeffry Picower, a philanthropist accused of profiting more than $7 billion from the investment schemes of his longtime friend...

More Insider Trading Scandals Brewing

Dan Dorfman | Posted 10.24.2009 | Business


Dan Dorfman

The SEC wants to know who traded in Perot in the two months prior to the public disclosure of its acquisition. I've also obtained copies of SEC documents showing it has commenced a number of investigations.

Modern Portfoolio Theory

Norb Vonnegut | Posted 10.22.2009 | Business


Norb Vonnegut

Money managers are always trying to get an edge. But how many have crossed the line with inside information?

Wall Street Is More of a Threat to Obama's Domestic Agenda than Afghanistan

Joseph A. Palermo | Posted 10.20.2009 | World


Joseph A. Palermo

Whatever Obama decides to do in Afghanistan is of little consequence compared to Wall Street's ongoing "plutonomy."

Robert Khuzami: SEC Prosecutor Is Wall Street's Latest Enforcer

Posted 10.20.2009 | 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 10.19.2009 | 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...

SEC Charges 3 Men In $14 Million Ponzi Scheme That Targeted Haitians In Florida, New Jersey

AP | JENNIFER KAY | Posted 10.17.2009 | Business


MIAMI — Three men are accused of running a Ponzi scheme that scammed more than $14 million from hundreds of Haitian-American investors in South ...

Frank Rich: Goldman Can Spare You A Dime

New York Times | FRANK RICH | Posted 10.17.2009 | Business


As leader of the Wall Street pack, Goldman declared surging profits, keeping it on track to dispense a record $23 billion in bonuses for 2009. But mos...

Raj Rajaratnam Charged With Insider Trading

AP | LARRY NEUMEISTER and CANDICE CHOI | Posted 10.16.2009 | Business


NEW YORK — One of America's wealthiest men was among six hedge fund managers and corporate executives arrested Friday in a hedge fund insider tr...

Adam Storch: SEC Hires 29-Year-Old Ex-Goldman Sachs Exec For Key Role

Posted 10.20.2009 | Business


UPDATE 10/21: There have been a few financial insiders who've raised an eyebrow over Storch's hire. Zero Hedge pointed to a big flaw in Storch's backg...

Two Madoff Victims File Lawsuit Against The SEC

Reuters | Tom Hals | Posted 10.14.2009 | Business


Two victims of Bernard Madoff's Ponzi scheme filed a federal lawsuit against the U.S. Securities and Exchange Commission on Wednesday, seeking at leas...