Goldman Sachs Seizing Homes Subprime Mortgages Bought
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...
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...
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...
The Big Picture | Posted 11.30.2009 | Business
By Barry Ritholtz Note: this post also appeared on Ritholtz's blog, The Big Picture. The problems at the SEC were decades in the making. The a...
AP | MARCY GORDON | Posted 11.30.2009 | Business
WASHINGTON — A key House lawmaker wants to make credit rating agencies – widely criticized for failing to give investors adequate warning ...
AP | MARCY GORDON | Posted 11.17.2009 | Business
WASHINGTON — Regulators on Thursday proposed rules designed to stem conflicts of interest and provide more transparency for credit rating compan...
AP | STEPHEN BERNARD | Posted 11.14.2009 | Business
NEW YORK — A federal judge on Monday rejected a $33 million settlement between the Securities and Exchange Commission and Bank of America Corp.,...
newsweek.com | Michael Hirsh | Posted 10.20.2009 | Business
In the days immediately after Bernie Madoff's arrest, some enforcement experts I talked to speculated that the errant financier might have been an hon...
AP | MARCY GORDON | Posted 09.11.2009 | Business
WASHINGTON — The Obama administration on Tuesday sent Congress legislation seeking to impose broad new oversight on derivatives, the complex fin...
AP | RACHEL BECK | Posted 09.07.2009 | Business
NEW YORK — The government appears to be getting tough on corporate shenanigans, securing $83 million in fines last week from Bank of America and...
Jun. 18, 2009 | Posted 07.19.2009 | Business
NEW YORK (CNN) -- Admitted fraudster Bernard Madoff, the mastermind of history's biggest Ponzi scheme, had a three-hour meeting with the Securities an...
AP | MARCY GORDON and GREG RISLING | Posted 07.05.2009 | Business
WASHINGTON — Federal regulators on Thursday charged Angelo Mozilo, the former chief executive of fallen mortgage lender Countrywide Financial Co...
nytimes.com | STEPHEN LABATON | Posted 07.02.2009 | Business
WASHINGTON -- The Obama administration will soon propose a comprehensive plan to expand the authority of the government to seize large troubled compan...
Jay Mandle | Posted 01.23.2009 | Politics
In this age of deregulation, it's been unfashionable to regulate even such things as power plants like public utilities, let alone financial markets. But it's time for that sort of regulation to come back into style.
McClatchy | Greg Gordon | Posted 11.02.2009 | Business