Tag:
Criminal Charges
Latest Headlines
Latest Headlines
Shuttered LPS unit hit with criminal charges
In the great mortgage meltdown that continues to afflict banks, MERS and its bank-owners attracted a massive volume of criticism, which allowed Lender Processing Services to fly under the radar of public criticism.
LPS inked a consent decree with federal regulators back in April, forcing it to
MF Global likely to avoid criminal charges
The New York Times reports that the MF Global investigation is heating up.
"In the coming months, federal authorities are likely to answer crucial questions, including the exact whereabouts of the customer money and who at MF Global caused it to disappear. At some point (in 2012), because
Former Goldman Sachs director Rajat Gupta charged
It's no secret that prosecutors were going after Rajat Gupta on insider trading charges. It was only a matter of time before criminal charges were filed.
The time is apparently now, as the Financial Times and other news organizations report that charges will be filed Wednesday and that Gup
A muddled, unsatisfying end to the GSE saga?
So are Fannie Mae and Freddie Mac victims or perpetrators of the one of the great financial frauds in recent memory?
Judging from the spate of regulatory activity, the only conclusion is that they were both. This is not the kind of conclusion that anyone will find wholly satisfying. There
Lloyd Blankfein joins list of Weingarten's accused executives
People are still buzzing about the news that Goldman Sachs CEO Lloyd Blankfein personally hired a big-dog defense attorney back in May. The move was essentially required after the Senate Permanent Subcommittee on Investigations handed a massive report to the SEC and Justice Department, resulting i
Family-based insider trading rings busted
What should a good parent or a loving spouse do with a hot stock tip? Time and again, it has been proven that for the good of their loved ones, they should keep the news to themselves.
We've seen this twice just recently. William Marovitz, the husband of Christie Hefner, former CEO of Playboy,
Finally, Goldman Sachs comes out swinging against Senate report
The aftermath of the Senate Permanent Subcommittee's scathing report on the CDO practices of Goldman Sachs and other big banks quickly reignited the whole issue of whether Goldman Sachs or its executive would face criminal charges.
The issue flared especially when the Manhattan District Attorn
Speculation: Goldman Sachs to face Martin Act charges
New York law enforcement authorities have not been shy about using the Martin Act against big companies in the Sarbanes-Oxley era. Efforts have been led by Eliot Spitzer when he was state attorney general and the late Robert Morgenthau, former Manhattan District Attorney.
The list of companies
Criminal charges not likely to ruin Goldman Sachs
The possibility of criminal charges against Goldman Sachs ( NYSE:GS ) has reared its head again in a big way, thanks in part to the news that the Manhattan District Attorney had subpoenaed information from the troubled bank, the latest in a string of investigatory actions spanning Congress, the
Why the government can't win against Goldman Sachs
Wall Street has been riveted by the possibility that the Department of Justice will file criminal charges against Goldman Sachs and/or individual executives, such as CEO Lloyd Blankfein. It's a possibility that has kicked up furiously after being dormant for many months.
The speculation has be
