Tag:
Massachusetts
Latest Headlines
Latest Headlines
Goldman Sachs fined for trader huddles
Is there an end in sight to the regulatory woes of Goldman Sachs? Massachusetts regulators added to the pile-on when Commonwealth secretary William Galvin, the state's top financial regulator and prominent critic of some Wall Street practices, announced that Goldman Sachs has agreed to pay a $10 m
Can Brian Moynihan keep up his travels?
When news filtered out that Bank of America CEO ( NYSE: BAC ) did not plan to relocate to Charlotte, as many in the hometown of the big bank were hoping, it raised some brows. Brian Moynihan ( Brian Moynihan news) cited his personal roots back in Massachusetts, and most of us can sympathize
New CP facility announced by Fed; States next?
Just in time. That's what a lot of people feel. Put another way: Whew! The credit crisis had progressed to the danger point: companies were having nerve-wracking difficulty issuing commercial paper, threatening to really slow some bigger companies. The economic rubber was starting to hit the r
Cuomo looks into Fidelity-Goldman Sachs link
Goldman Sachs has already agreed to buy back about $1.5 billion in auction rate securities held by customers and pay a $22.5 million fine. But the New York Attorney General is still looking into the bank regarding the ARS market. The AP reports that Andrew Cuomo's office is probing whether Fid
States gets aggressive on auction rates securities
States are getting busy when it comes to auction rate securities. Missouri raided the St. Louis office of Wachovia Securities in its probe. New York Attorney General Andrew Cuomo has charged UBS with illegally promoting auction rate securities as safe investments when executives knew they
