Tag:
prosecutors
Latest Headlines
Latest Headlines
Insider trading witness gets probation
What would you do to stay out of prison?
We can only hope we never have to answer that question, but David Slaine wasn’t so lucky. Back in the summer of 2007, FBI agents showed up at his home and confronted him with evidence of insider trading. He ended up becoming a government witness in a ca
Many security breaches go unreported
The more you talk to people in the security field, the more you get the distinct feeling that lots of corporate security breaches go unreported. You can understand why a company wouldn’t want...
MF Global treasurer on the hot seat
Edith O'Brien, a treasurer at MF Global, has found herself in an unenviable position. She has emerged as a "person of interest" in the investigation, which has forced her to retain a powerful criminal defense attorney. She has also been called out by embattled ex-CEO Jon Corzine in public and been
CME Group tarnished by MF Global scandal
One of the ancillary victims in the MF Global scandal has been the CME Group, the premier domestic operator of derivatives exchanges.
It was not surprising when the CME Group took a very harsh tone toward MF Global and ex-MF Global CEO Jon Corzine, who was accused in straightforward fashion of
What motivates Jon Corzine?
As the insider trading trials heated up, much was made of the fact that the prosecution relied on techniques--mainly the use of wiretaps--that previously had been used on drug dealers and organized crime figures. Do prosecutors really think top Wall Street targets are akin to drug lords?
A B
Rajaratnam will report to prison
In a terse ruling, a panel of federal appellate judges have denied Raj Rajaratnam's request to stay out of jail, pending a ruling on his appeal.
No explanation was given, but the panel's questioning focused on the probably of Rajaratnam fleeing the country. The decision means that the convicte
Prosecutors' chances against Gupta questioned
The government answered the question "Who's next?" in stunning fashion when it indicted Rajat Gupta, a former Goldman Sachs director, for insider trading. He certainly qualifies as a big fish.
You have to give credit to Preet Bharara's office for taking this on, given that the evidence does no
Former Goldman Sachs director Rajat Gupta charged
It's no secret that prosecutors were going after Rajat Gupta on insider trading charges. It was only a matter of time before criminal charges were filed.
The time is apparently now, as the Financial Times and other news organizations report that charges will be filed Wednesday and that Gup
Prosecutors may target SAC Capital
The government's success in prosecuting insider trading cases has been more than noteworthy.
We know that probes are continuing. What we don't know is whether prosecutors are serious about going after fish that's bigger than even Raj Rajaratnam, the convicted inside trader who received 11 year
Thursday: The Rajaratnam trial's final hour
Thursday is the big day for insider trading criminal mastermind Raj Rajaratnam, the biggest fish convicted in the ongoing insider trading crack down.
He could well represent the high water mark for prosecutors, though some big targets remain. So there is every reason for the prosecution to wan
