CNBC's Scott Cohn looks back at the Bernie Madoff ponzi scheme and reports on the latest efforts to recoup the lost assets of his victims.» Read More
It’s almost certain that the government recorded conversations between Rajat Gupta and Raj Rajaratnam.
Accused insider trader Rajat Gupta resigned yesterday from the boards of directors of AMR Corporation and its subsidiary, American Airlines, Inc.
There is something curious about the SEC accusations against former Goldman Sachs board director Rajat Gupta. The New York Times reports.
Rajat Gupta has sent an email to dean of the Dean of the Hyderabad-based Indian School of Business, which he co-founded, describing his relationship with Raj Rajaratnam as "strained," according to the Time of India.
The insider trading trial of Galleon founder Raj Rajaratnam may include testimony from Goldman Sachs CEO Lloyd Blankfein.
Lloyd C. Blankfein has emerged as a possible witness in the insider trading trial of Raj Rajaratnam, the NY Times reports.
Rajat Gupta vigorously denies the insider trading charges the SEC lodged against him, calling them “totally baseless.”
McKinsey & Co is reeling from the revelation that the Securities and Exchange Commission believes one of its most high-flying alumni gave corporate secrets to a hedge fund manager who is now accused of being at the center of a large and complex insider trading scheme.
Hamstrung by shrinking budgets, the police say the volunteers are indispensable in dealing with low-level offenses and allow sworn officers to focus on more pressing crimes and more violent criminals. The New York Times reports.
Rajat Gupta may be the most important businessman ever charged with a serious violation of securities laws.
The Securities and Exchange Commission's charges against ex-Goldman Sachs board member Rajat Gupta on insider trading is yet another blow to investor confidence, Matthew Halbower, CEO and chief investment officer of hedge fund Pentwater Capital Management, told CNBC Tuesday.
The insider trader charges against Rajat Gupta raise the question: if he leaked to Raj Rajaratnam about the Goldman-Berkshire Hathaway deal, what else might he have leaked?
The insider trading charges against a Goldman Sachs board member filed today by the Securities and Exchange Commission have been a long time in coming.
A US tax evasion investigation that has prompted charges against several Swiss bankers has expanded to include Israeli and Asian banks, according to lawyers close to the probe. The FT reports.
The Libyan government's sovereign wealth fund invested some $500 million with Stanford but the deal feel apart when the SEC charged Stanford of running a $7 billion ponzi scheme. Libya may have managed to withdraw much of its Stanford investment.
It was an incendiary allegation — and a mystery of great intrigue in the media world: After the publishing powerhouse Judith Regan was fired by HarperCollins in 2006, she claimed that a senior executive at its parent company, News Corporation, had encouraged her to lie to federal investigators two years before. The New York Times reports.
Accused Ponzi schemer Allen Stanford has joined convicted Ponzi schemer Bernard Madoff at the federal prison complex in Butner, North Carolina.
The SEC has chosen a former Altria and AOL executive to head its new Whistleblower Office, the commission said Friday. Sean McKessy will wield the new power given to the SEC under the Dodd-Frank law passed last year.
Did Bernard Madoff meet with bankruptcy trustee Irving Picard to provide vital information about allegedly "complicit" banks and hedge funds, or didn't he?
Robert McLean was a trusted financial advisor and a celebrated philanthropist, running a successful investment firm and donating millions to his favorite causes. But McLean had a dark, devastating secret.