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JPMorgan $2 Billion Loss Hits Shares, Credit, Image
ReutersNEW YORK/LONDON (Reuters) - JPMorgan Chase & Co lost $15 billion in market value and a notch in its credit ratings on Friday while a chorus of regulators and politicians reacted to its surprise $2 billion trading loss by demanding stiffer oversight for...Tags: Mary Schapiro, Bank of America Corp., Mutual Funds, The New York Times, Shareholders
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Wal-Mart Silenced Mexican Bribe Inquiry
Reuters(Reuters) - Wal-Mart Stores Inc, the world's largest retailer, squelched an internal investigation into allegations of bribery at its Mexican subsidiary instead of broadening the probe, the New York Times reported on Saturday. The Times said that in...Tags: Companies and Corporations, Corporate Crime, The New York Times, Economy, Business and Finance, National Government
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Official: Ex-Comptroller Hevesi To Pleads Guilty To Corruption Charges
Associated Press WriterFormer New York state Comptroller Alan Hevesiadmitted Thursday that he accepted free travel and campaigncontributions from a financier in exchange for investing hundredsof millions of dollars of state pension money with thebusinessman's firm. Hevesi -...Tags: Laws, Corporate Crime, New York City, Retirement, Bribery
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Madoff's Ex-Finance Chief Released On Bail
The former finance chief for jailed financier
Bernard Madoff was released on $10 million bail Tuesday, 10 months after he admitted his role in an epic fraud that cost thousands of investors billions of dollars.
Frank DiPascali, 53, left U.S. District...Tags: Lawyers, Justice System, Family, Corporate Crime, FBI
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Alleged Madoff Fraud Has Worldwide Exposure
NEW YORK (AP) - The list of investors who say they were duped in one of Wall Street's biggest Ponzi schemes is growing, snaring some of the world's biggest banking institutions and hedge funds, the super rich and the famous, pensioners and charities. The...Tags: Companies and Corporations, Philadelphia (Philadelphia, Pennsylvania), Bank of America Corp., Corporate Crime, Minnesota
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Quogue Mayor Resigns After Admitting to Fraud
wpix.comGeorge Motz has resigned as mayor of Quogue, three days after pleading guilty to a securities fraud charge, PIX News has learned. According to officials, the charge stemmed from his role in his Manhattan investment firm and had nothing to do with his...Tags: Regional Authority, Corporate Crime, Crime, Law and Justice, Politics, Central Islip
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Facebook's stock debut shows not all investors are equal
NEW YORK —Facebook Inc.'s bungled stock-market debut made it clear that big money still rules Wall Street. But this time, the small money got a look at how Wall Street really works — and that could spell trouble for the financial industry....
Tags: Companies and Corporations, Stock Market, Business Enterprises, Economy, Business and Finance, Morgan Stanley Dean Witter & Company
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Facebook, Wall Street banks under fire from lawmakers and lawyers
WASHINGTON — Already grappling with regulatory reviews of its troubled initial public offering, Facebook Inc. and the Wall Street banks that shepherded the deal are now under fire from lawmakers and lawyers. Two congressional committees said...Tags: Mary Schapiro, Companies and Corporations, Business Enterprises, Tim Johnson, Economy, Business and Finance
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Chipotle federal immigration probe: 'We didn't do anything wrong'
Chipotle Mexican Grill Inc. continues to get heat for its hiring practices, with the Securities and Exchange Commission and now federal prosecutors looking into the company. Earlier this week, the U.S. attorney for the District of Columbia told the...
Tags: Lawyers, Companies and Corporations, Justice System, Economy, Business and Finance, Morgan Stanley Dean Witter & Company
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Facebook IPO flop drawing increased scrutiny
As Facebook shares continued their slide, regulators launched inquiries into whether privileged Wall Street insiders were alerted to the company's weakening financial projections, leading them to shun the stock or dump shares just as buying was opened...Tags: Companies and Corporations, Lawyers, Mary Schapiro, Stock Market, Justice System
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Judge dismisses parts of IndyMac fraud case
In a setback for federal regulators, a federal judge threw out many of the fraud allegations against former IndyMac Bancorp Chief Executive Michael W. Perry in a case stemming from the collapse of the onetime Pasadena mortgage lender.
U.S. District Judge...Tags: Scott Keys, New Century Financial Corporation, Companies and Corporations, Laws, Bank of America Corp.
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Weston company invests in bonds for the good
The Everglades provides a sea of grass — and an opportunity to make money selling bonds for its restoration. So say managers at Weston-based Community Capital Management, which focuses on fixed-rate bonds that invest in socially positive projects,...Tags: Mutual Funds, Credit Ratings, Economy, Business and Finance, Everglades, Wind Power
May 12, 2012
|Story| Chicago Tribune
Apr 22, 2012
|Story| Los Angeles Times
Oct 7, 2010
|Story| WPIX-LTV
Jun 22, 2010
|Story| WPIX-LTV
Dec 15, 2008
|Story| WPIX-LTV
Oct 19, 2009
|Story| WPIX-LTV
May 25, 2012
|Story| Los Angeles Times
May 23, 2012
|Story| Los Angeles Times
May 23, 2012
|Story| Los Angeles Times
May 22, 2012
|Story| Los Angeles Times
May 23, 2012
|Story| Los Angeles Times
May 20, 2012
|Story| South Florida Sun-Sentinel
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