Securities and Exchange Commission Chair Mary Jo White says her team will not shy away from high-stakes trials, and not just strike settlements with wrongdoers, but a string of recent court setbacks shows she has her work cut out for her. On Tuesday, a federal judge in California rejected a […]
Frauds & Scandals
Full Text of Obasanjo’s “Provocative” Letter To President Jonathan
I am constrained to make this an open letter to you for a number of reasons. One, the current situation and consequent possible outcome dictate that I should, before the door closes on reason and promotion of national interest, alert you to the danger that may be lurking in the […]
Criminal action expected for JPMorgan in Madoff case: NYT
JPMorgan Chase & Co (JPM.N) and federal authorities are nearing settlements over the bank’s relationship with convicted Ponzi schemer Bernard Madoff, striking tentative deals that would involve about $2 billion in penalties and a rare criminal action, the New York Times reported. The settlements would fault the bank for […]
