Tag:
False Rumors
Latest Headlines
Latest Headlines
Why not blame Goldman Sachs?
The issue of the moment is Goldman Sachs and what its London-based traders did, if anything, that might be construed as manipulation of Lehman Brothers' and Bear Stearns' stocks. That people are going to the media with this indicates a lot of anger. You can bet the regulators have gotten, or w
SEC to take hard line on rumor spreading
As soon as Jamie Dimon went off on short sellers (see next item), the SEC took the unusual step of issuing a warning that it is taking hard look at rumor mongering to manipulate securities prices. This is not necessarily news. We all knew various probes were underway. One settlement had already be
