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Marcus Baram

Justice Antonin Scalia's Son Hired By Wall Street To Fight Dodd-Frank Rule

HuffingtonPost.com | Marcus Baram | Posted 03.02.2012 | Business

It's got all the ingredients of a high-stakes courtroom thriller: billions of dollars on the line, intense Wall Street deal-making, and highly profita...

Marcus Baram

Why The FBI Says Corporate Fraud Is Increasing

HuffingtonPost.com | Marcus Baram | Posted 02.27.2012 | Business

In China, the former president of the state-owned Shanghai Pharmaceutical Group was recently sentenced to death for taking almost $2 million in bribes...

Marcus Baram

Study: Small-Business Contracts Going to Giant Companies

HuffingtonPost.com | Marcus Baram | Posted 02.24.2012 | Business

Some of the world's biggest companies are benefiting from a program meant to help America's small businesses, according to a new study. Lockheed Ma...

Marcus Baram

Dodd-Frank Rule Vote Delayed Again

HuffingtonPost.com | Marcus Baram | Posted 02.22.2012 | Business

In what is becoming a troubling pattern, financial regulators have yet again delayed a vote on a crucial provision of the Dodd-Frank Act. The Commo...

Marcus Baram

Despite Safety Concerns, Industry Wants Faster FDA Approval

HuffingtonPost.com | Marcus Baram | Posted 02.15.2012 | Business

Is it more important to speed up the approval of medical devices for patients in pain or to make sure that they're safe? That question is being deb...

Marcus Baram

Volcker Rule Needs To Be Tougher, Former Citi Chair John Reed Says

HuffingtonPost.com | Marcus Baram | Posted 02.14.2012 | Business

Amid the hue and cry on Wall Street that the Volcker rule goes too far to restrict banking activities, the former CEO of one giant bank thinks that th...

Marcus Baram

Walmart Fined For 'Unacceptable' Workplace Violations

HuffingtonPost.com | Marcus Baram | Posted 02.10.2012 | Business

In recent years, Walmart has taken some steps to try to turn around its reputation as the company that everyone loves to hate through its sustainabili...

Marcus Baram

Wall Street's All-Star Legal Team Prepares For Battle With Federal Task Force

HuffingtonPost.com | Marcus Baram | Posted 02.09.2012 | Business

If you work on Wall Street and you observe some illegal shenanigans, make sure you call up the right Financial Fraud Enforcement Task Force. Over t...

Marcus Baram

Whistleblower Says GE Fired Him For Raising Concerns About Corruption

HuffingtonPost.com | Marcus Baram | Posted 02.08.2012 | Business

A former Iraq-based General Electric executive claims he was fired after raising concerns that the company was violating federal anti-bribery laws. ...

Marcus Baram

Far From Wall Street, Banks Are Being Punished For Misdeeds

HuffingtonPost.com | Marcus Baram | Posted 02.07.2012 | Business

This story has been updated A former bank president faces 15 years behind bars after being found criminally responsible for fraud that "contributed...

Marcus Baram

MF Global's Regulator Says Oversight Was 'Flawless'

HuffingtonPost.com | Marcus Baram | Posted 02.03.2012 | Business

The hubris of financial industry titans truly knows no bounds. The chairman of the derivatives exchange that had oversight of bankrupt hedge fund M...

Marcus Baram

Industry Pressure On Dodd-Frank Slows Progress On New Rules

HuffingtonPost.com | Marcus Baram | Posted 02.02.2012 | Business

It's been more than a year and a half since President Barack Obama signed the Dodd-Frank Act into law, promising that the new financial regulations "d...

Marcus Baram

Ex-Credit Suisse Traders To Be Charged Over Subprime Fraud

HuffingtonPost.com | Marcus Baram | Posted 02.01.2012 | Business

Federal prosecutors are expected to charge four former Credit Suisse brokers with criminal fraud for misleading investors by inflating the value of su...

Marcus Baram

SEC Probes Deutsche Bank's 'Crap' CDOs

HuffingtonPost.com | Marcus Baram | Posted 01.30.2012 | Business

The Securities and Exchange Commission investigates a Wall Street behemoth over claims that it assembled and sold a package of subprime mortgage-backe...

Marcus Baram

GE's Former Subprime Unit Probed for Possible Fraud

HuffingtonPost.com | Marcus Baram | Posted 01.20.2012 | Business

It's been three long years since the housing bubble cratered the economy and not a single top mortgage executive sits behind bars. But sometimes the w...

$3.7 Trillion Municipal Securities Market's Last U.S. Inspection 'Predated The Financial Crisis,' GAO Says

Posted 01.18.2012 | Business

Government oversight of the $3.7 trillion market for municipal securities, wracked by several high-profile cases of fraud and bid-rigging, is inadequa...

Marcus Baram

Volcker Rule Limps To Finish Line

HuffingtonPost.com | Marcus Baram | Posted 01.18.2012 | Business

"The Watchdog" is back off the leash, with more bark and bite. After a six-month break to focus on some other duties here at HuffPost, I'm happy to be...

Marcus Baram

Dodd-Frank One Year Later: Slow Progress On Rules Amid Industry And GOP Onslaught

HuffingtonPost.com | Marcus Baram | Posted 09.20.2011 | Business

NEW YORK -- When President Obama signed the most sweeping financial regulatory overhaul since the Great Depression into law last July, he warned that ...

Marcus Baram

EPA Drops Tough New Lead Paint Rule In Face Of Industry Opposition

HuffingtonPost.com | Marcus Baram | Posted 09.17.2011 | Healthy Living

If you're not a regular reader of Professional Door Dealer magazine, you may have been unaware of the lobbying battle over a proposal to toughen lead ...

Marcus Baram

While Prosecutors Nail Banks Over Offshore Tax Abuses, Lobbyists Push To Delay New IRS Rules

HuffingtonPost.com | Marcus Baram | Posted 09.14.2011 | Business

Today's news that Credit Suisse is being probed by the Department of Justice as part of a wider probe into foreign banks suspected of aiding tax evasi...

Marcus Baram

How To Keep Air Traffic Controllers From Sleeping On The Job

HuffingtonPost.com | Marcus Baram | Posted 09.13.2011 | Business

After several well-publicized reports of air traffic controllers falling asleep in recent months, the Federal Aviation Administration and the controll...

Marcus Baram

GAO Report On Proprietary Trading Slammed By Senate Dems As 'Misleading'

HuffingtonPost.com | Marcus Baram | Posted 09.12.2011 | Business

A new government report on banks' controversial practice of trading and investing for their own profit was condemned Wednesday by congressional Democr...

Marcus Baram

Safety Concerns Raised Over Deal To Allow Mexican Trucks On U.S. Highways

HuffingtonPost.com | Marcus Baram | Posted 09.12.2011 | World

Under an agreement quietly signed in Mexico City today, Mexican trucks will be able to transport goods on U.S. highways in return for Mexico's decisio...

Marcus Baram

House Committee Wants To Drop Proposal To Expand Offshore Drilling Oversight

HuffingtonPost.com | Marcus Baram | Posted 09.11.2011 | Green

House Republicans want to drop one of the key components of the Interior Department's overhaul of the troubled agency responsible for oversight of off...

Marcus Baram

Foxes Guarding The Henhouse? Auditors Criticize Self-Regulation Of Hedge Funds

HuffingtonPost.com | Marcus Baram | Posted 09.10.2011 | Business

Allowing the hedge fund and private equity fund industry to regulate itself might not be very effective, according to a new Government Accountability ...