Tag:

Crackdown

Latest Headlines

Latest Headlines

Zvi Goffer, two others found guilty of insider trading

The majority of federal criminal charges result in plea bargains. When cases do proceed to trial, the federal government has the upper hand statistically speaking. Yet you cannot take victories for granted, which makes them all the sweeter. In a high profile insider trading case, Zvi Goffer, a

Another guilty plea in insider trading probe

When Adam Smith pleaded guilty to insider trading charges, he became the 18th person to cop a plea in what looks to be a historic crackdown on insider trading, one that has spread its tentacles to big-name hedge funds, elite companies and various expert network companies. Before a U.S. Distric

Globalization of insider trading

It's common these days for insider trading rings to have a global component. In the expert network probe underway, the only charges so far--against Asia expert Don Ching Trang Chu--partly concern the expert's ability to link U.S. investors with supply channel vendor employees. The accused was caug

Feds crackdown on rampant mortgage fraud

The reality of the mortgage industry ( mortgages news), even after the implosion, is that it remains rife with fraud ( fraud news). Yes, there was a crackdown, one that is continuing apace. But the fact remains that the industry is really easy to game. And there are a lot of people willing t

London bankers take a hit where it hurts most

In London, things are serious when expense accounts get slashed. The Daily Mail says bank offices there face a crackdown on expenses, forcing many to say goodbye to expensive meals, business-class travel and even certain types of men's clubs. At Deutsche Bank , a memo was issued declaring