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Lots of intrigue over AIG

October 30, 2008 — 8:08am ET | By Jim Kim
The New York Times reports that AIG is "rapidly running through" the $123 billion in emergency lending it has received from the Fed. It has drawn down $90 billion so far, which is prompting a lot of... Read more...

UBS to settle ARS issues for nearly $19.4 billion

August 8, 2008 — 12:40pm ET | By Jim Kim
We thought Citigroup might become the poster child for the auction rate securities scandals--yes we can now use that term--given the fact that New York regulators are... Read more...

ALSO NOTED: UBS downgrades financial firms; Chanos tied to Spitzer scandal; and much more...

March 18, 2008 — 7:59am ET
Company News: > UBS considering 8,000 layoffs. Article > Chanos tied to Spitzer scandal. Read more...

Wall Street sheriff taken down

March 12, 2008 — 7:59am ET
They called him the Sheriff of Wall Street, the modern incarnation of Eliot Ness--and a whole lot worse--behind closed doors. Now that Eliot Spitzer has disgraced himself, there's a fair amount of... Read more...

Probe snares Fidelity legend

March 6, 2008 — 7:59am ET
Peter Lynch once was a legend in the mutual fund industry. But the former manager of the Magellan fund, still a vice chairman, has been caught up in the soft-dollar probe that has been embarrassing... Read more...

Societe Generale to keep CEO for now

January 31, 2008 — 7:59am ET
Daniel Bouton's resignation letter was on the table at a board meeting, but the directors opted to keep him on as CEO--at least for a bit longer. He has some unfinished business, notably a massive... Read more...

Mutual funds fare well--relatively

November 26, 2007 — 7:59am ET
The smart money this year? Surprisingly, it seems to be in actively managed U.S. stock funds. Not that retail investors are gloating or anything. While hedge funds have taken some huge hits, domestic... Read more...

Mutual funds off the hot seat?

October 8, 2007 — 6:59am ET
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Truly a nightmare employee...

August 3, 2007 — 6:59am ET
I'm just glad she was caught. Cheryl Ann Vickers, a sales assistant for Citigroup Smith Barney, has pleaded guilty to accusations that she stole $1.3 million from clients. Prosecutors say she had... Read more...

Something wrong with CDO models?

July 30, 2007 — 6:59am ET
The meltdown inspired by the subprime loan mess has been covered pretty thoroughly by the major media. You may be getting sick of it. At least one outlet, Wall Street & Technology,... Read more...
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