Tag:
Subpoena Power
Latest Headlines
Latest Headlines
CFTC seeks widespread audits in wake of MF Global
Thanks, MF Global!
The commodities industry is not feeling a lot of warmth and fuzziness for the disgraced brokerage firm and its former CEO, Jon Corzine. The CFTC has apparently ordered every "futures commission merchants" to undergo an audit, to make sure that client money was not treated as
Big questions after acquittals
As Wall Street continues to cheer, the jury acquittals of Ralph Cioffi and Matthew Tannin continue to reverberate. Business Week notes there are plenty of unanswered questions. Chief among them is whether and to what extent the two Bear Stearns hedge fund managers were responsible for massive
New 9/11-style commission needed?
Recall the 9/11 commission that was tasked with finding out what went wrong as the nation blundered the 9/11 catastrophe. The book-length report they issued--which took 20 months and $9 million to produce--went on to become a surprise best-seller. It went a long way toward helping the country unde
