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Big debate rages about charges against Bear Stearns execs

August 18, 2008 — 6:35pm ET | By Jim Kim
Recall that Ralph Cioffi and Matthew Tannin, portfolio managers of the two Bear Stearns hedge funds that collapsed a little over a year... Read more...

Auction rates securities settlements in perspective

August 8, 2008 — 7:37am ET | By Jim Kim
The news that Citigroup and Merrill Lynch will reimburse individual investors burned by auction rate securities to the tune of $17 billion is certainly eye-catching. The New York Times notes that the... Read more...

NY AG says Citi destroyed documents

August 3, 2008 — 10:17am ET | By Jim Kim
At first glance, the news that the New York state attorney general is prepared to charge Citi with fraud regarding its auction rate securities practices is similar to... Read more...

Bad omen: States targeting Wachovia on auction rate securities

July 17, 2008 — 2:26pm ET | By Jim Kim
Nothing whips up state securities regulators more than petty scams against their citizens. They live to crack down on these things. So it's really bad news for Wachovia... Read more...

Update: Samuel Israel's anti-climactic end

July 6, 2008 — 7:09pm ET | By Jim Kim
Samuel Israel riveted the industry for a few weeks. He got more coverage for faking his suicide and going on the run--on the day he was supposed to begin a long prison term--than for the massive Read more...

SPOTLIGHT: Kirk Wright

May 27, 2008 — 6:59am ET
There is a seamy side to the hedge fund industry. Kirk Wright stands as a prime example. He was once a hedge-fund-manager-to-the-stars kind of celebrity. He was convicted of fraud last week and... Read more...

Are we in for a wave of bank failures?

April 24, 2008 — 6:59am ET
Remember the thrift crisis? Few people predicted the decimation of the S&L industry in the late 1980s and 1990s. Many went under due to imprudent real estate lending and, in some big-name cases,... Read more...

Global boiler room uncovered

March 17, 2008 — 7:59am ET
Law enforcement officials have announced arrest of two Florida residents, Paul Gunter and his daughter Zibiah, for fraud and money laundering in relation to an alleged boiler room scheme that is... Read more...

ALSO NOTED: Yahoo maneuvers to stave off Microsoft; Ladenburg Thalmann to buy Punk Ziegel; and much more...

March 6, 2008 — 7:59am ET
Company News:> Credit Agricole reports big loss. Article > Ladenburg Thalmann to buy Punk Ziegel. Read more...

Wachovia's telemarketers problem

February 6, 2008 — 7:59am ET
This is a tough spot for a bank. Wachovia has long denied that it knew anything about the fraudulent tendencies of certain telemarketing. But the New York Times reports that "newly released... Read more...
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