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Stanford

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Latest Headlines

SEC cleared in Goldman Sachs case

The political backlash over the SEC's civil fraud charges against Goldman Sachs was built on the notion that the agency timed the announcement of the charges to buttress the case for financial reform and to blunt the news that it had botched the Allan Stanford investigation. But a report by the SE

Why did the SEC file charges against Goldman Sachs without letting it know?

It's customary for regulators and prosecutors to inform their targets when charges are to be filled. In criminal cases, they often give the target a chance to turn himself or herself in. But in the case of Goldman Sachs ( NYSE: GS ) and the SEC ( SEC news), this did not hold. FOX Busine

Goldman Sachs hedge fund report; Barron's article sinks Citi stock;

Company News: > Citi stock run over? Article   > Barron's article sinks Citi stock. Article > Goldman Sachs hedge fund report. Article > Allen Stanford to have heart tests. Article > FBR eyes prime brokerage. Article Industry News: > More on b

Stanford faces criminal charges

We haven't seen a lot criminal charges in the still-unfolding financial crisis, but that might be changing. A criminal indictment unsealed in Houston, Texas, charges Allen Stanford committed a host of jail-worthy sins: He paid "more than $100,000 to Leroy King, former chief executive of Antigua's