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Recent Scandal Posts

Want a bailout? There's an iPhone app for that

[Posted on November 6, 2009 at 3:04 PM]

Would you like a bailout? Are you a banker frustrated at politicians or a politician frustrated at bankers? Do you want to track the national debt? There's an iPhone app for that.
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Fourteen more nabbed for conspiracy, fraud

[Posted on November 5, 2009 at 11:20 AM]

Thursday, 14 people were charged with conspiracy and fraud. It has not been confirmed that the recent sweep is related to the insider trading case involving Galleon Group.
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Today in investment fraud: Stanford un-knighted

[Posted on November 3, 2009 at 3:18 PM]

Sir Allen Stanford is to be stripped of his knighthood, and Madoff's longtime accountant, David Friehling, pleaded guilty to nine different counts, including fraud.
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More tales of ineptitude about the SEC

[Posted on November 3, 2009 at 11:36 AM]

Hundreds of documents released Friday by the SEC 'portray an agency at times skeptical or dismissive of evidence' involved in the Madoff fraud.
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Madoff surprised he was not caught sooner

[Posted on November 2, 2009 at 1:04 PM]

It appears that no one was more surprised by the Securities and Exchange Commission's inability to uncover his fraud than convicted Ponzi schemer Bernie Madoff himself.
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Top 10 Wall Street Halloween costumes

[Posted on October 30, 2009 at 2:41 PM]

Still trying to figure out what to be for Halloween? Here are our top 10 picks.
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Big banks ensared in alleged K1 scandal

[Posted on October 29, 2009 at 2:36 PM]

Barclays, BNP Paribas, Societe Generale and J.P. Morgan Chase may have to kiss goodbye to millions in an alleged K1 Group scandal.
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AIG, Geithner, CDOs for 100 cents on the dollar

[Posted on October 29, 2009 at 6:59 AM]

The New York Fed and Federal Reserve made the decision to pay the banks 100 cents on the dollar even after AIG spent months trying to negotiate lower payments of 40 cents on the dollar.
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Death of Madoff friend raises questions

[Posted on October 26, 2009 at 2:23 PM]

Florida investor and philanthropist Jeffry Picower, alleged to have extracted billions dollars in his long time friend Bernard Madoff's Ponzi scheme, died Sunday after he was found at the bottom of his swimming pool.
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Surprise, Galleon informant has a rap sheet

[Posted on October 23, 2009 at 5:12 PM]

Roomy Khan pleaded guilty in 2001 to leaking proprietary information about Intel to a Galleon representative, according to the San Jose Mercury News.
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Galleon fallout: Should Wall Street be worried?

[Posted on October 22, 2009 at 8:51 AM]

Butzel Long partner Eric Fisher on the Galleon Group insider trading scandal.
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Galleon saga gets even uglier with terrorist link

[Posted on October 20, 2009 at 9:15 AM]

The Sri Lankan government claims that Raj Rajaratnam has been funding the Liberation Tigers of Tamil Eelam, which is considered a terrorist group by the U.S.
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SEC got it right with Galleon?

[Posted on October 20, 2009 at 6:48 AM]

The SEC has taken a lot of flack, but in the case of alleged insider trading at Galleon Group, the agency should be commended.
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