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The Washington Post reports that the Justice Department has decided it will not seek indictments against Wall Street firms, concentrating instead on individuals. So it seems unlikely that we'll see... Read more...
NPR reports that the indictments against Ralph Cioffi and Matthew Tannin, the two Bear Stearns execs who have already been charged with misleading investors. The new... Read more...
The arrests of Bear Stearns portfolio manager Ralph Cioffi and hedge fund exec Matthew Tannin stands as an omen of sorts. We've said before that prosecutorial activity always follows upheaval and... Read more...
Frank Quattrone, who outlasted prosecutors and lived for a second act in the financial services industry, has landed a big-name client: Google. The New York Times reports that Quattrone is aiding... Read more...