A Real Stunner About the SEC
The news from the inspector general of the Securities and Exchange Commission is nothing short of shocking. And grizzled journalists aren’t supposed to shock easily. SEC Inspector General David Kotz...
View ArticleMore On Bernie & The SEC
You have to wonder if even this made-up exchange would have raised eyebrows at the Securities and Exchange Commission. EXAMINER: Mr. Madoff, how do you explain the remarkable returns you generate year...
View ArticleRajaratnam Tied To Sri Lanka Money Case
Raj Rajaratnam, the billionaire hedge fund manager arrested Friday and charged with insider trading, is apparently connected to a case in his native Sri Lanka that involves money transfers that should...
View ArticleLife Imitates Art: Insider-Trading Probe
Check out the WSJ’s Deal Journal blog for “Sopranos”-quality details from the government’s criminal complaint against the alleged insider-trading suspects: Prepaid cellphones concealing allegedly...
View ArticleTough and True Talk From SEC
As distressing as some of the enforcement ‘misses’ by the Securities and Exchange Commission have been (read Madoff), it’s even more distressing to contemplate the semingly bottomless well of...
View ArticleEndless Supply Of Scams and, Sadly, Victims
The press releases come regularly, announcing the Securities and Exchange Commission taking action against this alleged scam and that one. Good news. The SEC certainly is interested in being seen on...
View ArticleChina Railroads The Rio Tinto Four
My colleagues report that some or all of the four Rio Tinto employees on trial in China for alleged bribery said they accepted payments of one sort or another. Given the lack of clarity and...
View ArticleThe Gang That Couldn’t Shoot Straight
One of the cases the Securities and Exchange Commission filed today against alleged insider traders just leaves you wondering where have people been the past few years. This is the case involving a...
View ArticleThe Hot New Career: Whistleblower
Next time career day comes around to local grade schools, don’t be surprised if some ambitious third grader raises his hand and announces he wants to grow up to be a whistleblower. College courses and...
View ArticleSEC’s Enforcement Chief Khuzami’s Condemning Quotes
Some good quotes from Robert Khuzami, head of the Securities and Exchange Commission’s enforcement division, as he laid out how people associated with an “expert networking” or “matchmaking” firm...
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