SEC news from FierceFinance
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Illinois to sue Countrywide; tip of iceberg?
We've noted before that prosecutions and regulatory action always follow scandals. So the news that the state of Illinois will sue Countrywide and its CEO Angelo Mozilo come as no surprise. You can Read more...
Man in the spotlight: David Einhorn
He's one of Lehman Brothers' highest profile critics, a man who has bet heavily against the firm. A real thorn in the firm's side, particularly for Erin Callan, Lehman's CFO. David Einhorn, 39, of Read more...
ALSO NOTED: Wachovia to take big charge due to court ruling; Och-Ziff founder fares well; and much more...
Company News: > Wachovia to take big charge due to court ruling. Article > Analysts sour more on Countrywide. Read more...
ALSO NOTED: John Thain says he's not heading into politics; SEC may require banks to hold more cash as cushion; and much more..
Company News: > Court approves Citigroup settlement over Enron. Article > Thain says he's not heading into politics. Read more...
Another round: Lehman Brothers vs. shorts
The Lehman Brothers bears took a bath when the market rallied on the news that the company had raised $4 billion to shore up its capital Read more...
Did false market rumors lead to Bear Stearns' demise?
Ah, rumors. We've noted their power on Wall Street. Now some are wondering whether those rumors about Bear Stearns were maliciously spread by people who took a Read more...
Did Bear Stearns executives lie?
Bear Stearns just can't win. The humiliation of the Fed-backed, JP Morgan Chase bailout was rank enough. Now comes word from Financial Read more...
ALSO NOTED: Yahoo maneuvers to stave off Microsoft; Ladenburg Thalmann to buy Punk Ziegel; and much more...
Company News:> Credit Agricole reports big loss. Article > Ladenburg Thalmann to buy Punk Ziegel. Read more...
Will active ETFs storm the fund market?
It seems like we've been talking about the rise of actively managed exchange traded funds for a long time. But only now are they Read more...
ALSO NOTED: Ex-Goldman Sachs analyst gets prison in insider case; Och-Ziff assets up 10 percent; and much more...
Company News:> SunTrust buys stake in hedge fund. Article> Temasek owns 9.4 percent of Merrill Lynch. Read more...