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Recent Law and regulation Posts

Bank of America starts taking IOUs

[Posted on July 2, 2009 at 1:44 PM]

Bank of America will be accepting California IOUs as payment as the state's budget impasse grinds on.
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SEC exec: Whistleblowers should be rewarded

[Posted on July 2, 2009 at 11:45 AM]

SEC Inspector General David Kotz says the regulator should pay whistleblowers for information about fraud.
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FDIC data shows no CRA, failure correlation

[Posted on July 2, 2009 at 10:46 AM]

Federal Deposit Insurance Corp. data shows that over the last decade most banks have complied with the controversial Community Reinvestment Act with no rise in failures.
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SIPC secures funds for Madoff victims

[Posted on July 1, 2009 at 3:25 PM]

The SIPC has secured $231 million to pay 543 claims from Bernard Madoff's Ponzi scheme, and it announced a potential $2.74 billion for all 8,800 claims.
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Hiring: Bankers jump to Jefferies

[Posted on July 1, 2009 at 1:29 PM]

Midsized investment bank Jefferies Group is aggressively hiring senior bankers from larger rivals.
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Alpha, RIP, on dark pools

[Posted on July 1, 2009 at 12:03 PM]

Thoughts on loosely regulate markets known as dark pools that may be under threat from financial regulation.
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Allen Stanford to stay locked up

[Posted on July 1, 2009 at 9:00 AM]

A judge agreed with prosecutors that alleged Ponzi schemer Allen Stanford is a flight risk.
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Michael Imperioli to play Bernie Madoff?

[Posted on June 30, 2009 at 4:58 PM]

Actor Michael Imperioli may be one of the first in Hollywood to film a Bernie Madoff biopic.
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The Pirate Bay sells out, goes legit

[Posted on June 30, 2009 at 4:00 PM]

Swedish software company Global Gaming Factory shocked the tech world when it announced an agreement to buy file-sharing service The Pirate Bay.
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SEC register 'would kill a 3-partner VC firm'

[Posted on June 30, 2009 at 3:15 PM]

Requiring VC firms to register with the SEC would be 'burdensome' to small firms, warns Michael Stark, co-founder of Crosslink Capital.
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Private appraisals for TARP warrants a bad idea

[Posted on June 30, 2009 at 11:44 AM]

Simon Johnson says Treasury's plan to turn pricing negotiations over to private appraisers if a bank and the agency can't reach terms on their own is susceptible to political influence and corruption.
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Valuing TARP warrants a tricky science

[Posted on June 30, 2009 at 9:43 AM]

Pluris Valuation Advisors' Espen Robak on determining the value of the warrants that Treasury holds on TARP banks.
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FCC's Genachowski begins picking staff

[Posted on June 29, 2009 at 5:54 PM]

Genachowski's chief of staff will be Edward P. Lazarus, who previously was co-head of the global litigation practice at Akin, Gump, Strauss, Hauer & Feld.
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