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Battle of legends: Milken vs. Lipton

Martin Lipton, the legendary lawyer, says the financial crisis stems from the invention of the junk bond so many years ago. As the New York Times notes, Michael Milken begs to differ. He tells the... Read more...

Wild tale of hedge fund in Russia

You might have thought the days of the Wild East were over. Apparently not. Business Week Online offers a rather shocking story of how one Read more...

C&L: Executive Moves

KKR hires David Sorkin as top lawyer Read more...

SPOTLIGHT: CNBC Contest

The channel was embarrassed by the news that its stock-picking game was rife with cheating by... Read more...

Inside the world of a securities suit machine

Three of Bill Lerach's clients have lodged an interesting charge in a legal proceeding. They say Lerach won a $10 million settlement in the class-action suit he filed on their behalf in 2001. But... Read more...

ALSO NOTED: JPMorgan's approach to interns; More on the State Street deal; and much more...

Company News:
> Wachovia switching CA branches to its name. Article
> More on the State Street deal. Read more...

Pequot case not going away

I am sure the SEC, Morgan Stanley CEO John Mack and others would like the case of Pequot Capital... Read more...

Will trader name names in trial?

The buzz is that Dan Finnerty, the next in a line of Big Board specialists to go on trial, may point some fingers if called to testify. That's mere talk at this point. He may not need... Read more...

Pequot Capital will not face charges

Ex-broker at Merrill Lynch, male, seeks EEOC relief

Blas Catalani, a former broker for Merrill Lynch in San Antonio, seems to be on a crusade of sorts. He has ironically sued Hydie Sumner (remember her?) and her lawyer, Linda Friedman, arguing that... Read more...