Pimco Says Foreclosure Deal Cheap for Banks, Costly for Pension Investors Bloomberg Play Video The government's deal with banks over their foreclosure practices after 16 months of investigations is cheap for the loan servicers while costly for bond investors including pension funds, according to Pacific Investment Management Co.
Hedge-Fund Manager Charged in Insider-Trading Probe - Wall Street Journal
Hedge-Fund Manager Charged in Insider-Trading Probe Wall Street Journal Federal prosecutors in Manhattan have alleged that Mr. Whitman, 54 years old, traded on secret tips he received from Roomy Khan and Karl Motey, two people who have pleaded guilty to insider-trading charges and are cooperating with the government in its ...
Earl E. Devaney Joins Reznick Government as Senior Advisor - MarketWatch (press release)
Earl E. Devaney Joins Reznick Government as Senior Advisor MarketWatch (press release) Over 12 years as Department of the Interior's (DOI) Inspector General, Devaney has been a critical part of the federal government's efforts to investigate and prevent fraud of government funds. His reputation as an unwavering guardian of taxpayer ...
SEC Reaches Settlement in Bear Stearns Fraud Case New York Times Shannon Stapleton/ReutersRalph R. Cioffi, a former Bear Stearns hedge fund manager. The criminal case was viewed as an early test of the government's ability to win convictions tied to the subprime mortgage-related investments that banks sold during ... Pact Set in SEC-Bear Stearns CaseWall Street Journal