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Latest Headlines
Typo costs Goldman Sachs $45 million
A cautionary reminder about the value of a legitimate editorial review of contracts and other important documents: In February Goldman Sachs ( NYSE:GS ) issued four warrants tied to Japan's Nikkei
Charges against Rajat Gupta test Dodd-Frank
Much has been made of the fact that the SEC brought insider trading charges against Rajat Gupta via an administrative proceeding as authorized by the recently passed Dodd-Frank Act instead of in
Judges tell foreclosure lawyers to vouch for documents
We've noted that New York has become a hot bed of judicial activity when it comes to the foreclosure fiasco. By some estimates, local judges were rejecting up to 50 percent of all foreclosure
Foreclosure mess started with a small home in Maine
Ground zero in the foreclosure crisis engulfing banks has been located: Nicolle Bradbury's $75,000 house in Denmark, Maine. When she faced foreclosure, she turned to a nonprofit group, Pine Tree
Goldman Sachs vs. Hollywood producer case heats up
The battle pitting a top Hollywood producer against troubled Goldman Sachs seems to be heating up. Goldman (NYSE: GS ) has answered Joel Silver's $30 million lawsuit, asking it be tossed out of court
Erroneous foreclosures a big problem?
Incidents like this are not winning the likes of Bank of America ( BAC ) any points with the public. Charlie and Maria Cardoso paid for a retirement home in Spring Hill , Fla. with cash in 2005. They
Is it research or is it insider information?
If there's one thing that the buy-side has been hungry for in recent years, it's been actual industry research. They want to hear from the horses' mouths where industries are heading. There may be
Madoff personal assets for sale
A real estate market recovery would be good news for investors burned by Bernard Madoff, who's serving a 150-year prison sentence. The government is moving to sell off more personal assets by Madoff
So long Ken Lewis?
People have been speculating about how long Ken Lewis will remain as CEO of Bank of America, for a while. The question now is whether Judge Jed Rakoff's refusal to rubber stamp a settlement between
Madoff seeking to cut a deal?
Bernard Madoff may not need his day in court after all. One piece of news from the hearing on his bail was that his lawyer, Ira Lee Sorkin, is "engaging in discussions concerning a possible
