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  • The industry self-regulatory organization that was supposed to police the brokers at the Stanford Financial Group acknowledges it received a tip from an employee in 2003 that the company was running a Ponzi scheme, but did not follow up on it because of the agency's own policy.

  • Stanford Investigators Turn Sights Toward Banks Monday, 17 Aug 2009 | 7:48 PM ET

    Several banks, including two in the U.S., face new scrutiny as investors and regulators try to sort out the alleged Stanford Ponzi scheme, CNBC has learned. At issue: what the banks and regulators knew about massive deposits and withdrawals from Stanford over the years.

  • A Rorschach Cheat Sheet on Wikipedia? Wednesday, 29 Jul 2009 | 11:03 AM ET
    Rorschach Test

    Wikipedia is engulfed in a furious debate with psychologists who are angry that the online encyclopedia has reproduced the 10 original Rorschach plates online, for free.

  • Costly Drugs Known as Biologics Prompt Exclusivity Debate Wednesday, 22 Jul 2009 | 11:11 AM ET

    A bitter Congressional fight over the cost of superexpensive biotechnology drugs has come down to a single, hotly debated number: How many years should makers of those drugs be exempt from generic competition?

  • Sotomayor On the High Court: What Business Can Expect Wednesday, 15 Jul 2009 | 12:16 PM ET
    Sonia Sotomayor, as nominee for US Supreme Court Justice.

    Though Sonia Sotomayor is widely expected to win confirmation to the US Supreme Court, the business community is still wondering just what kind of justice she'll be

  • Money Manager to Plead Guilty in Plane Crash Thursday, 4 Jun 2009 | 4:28 PM ET

    An Indiana money manager is set to plead guilty to charges of crashing an airplane near a Panhandle neighborhood in a botched attempt to fake his own death.

  • Supreme Court to Review Sarbanes-Oxley Law Monday, 18 May 2009 | 2:49 PM ET

    The Supreme Court said Monday that it will rule on the constitutionality of the anti-fraud law that grew out of accounting scandals at Enron and other companies.

  • Enron's Skilling Files Appeal for 2006 Conviction Monday, 11 May 2009 | 4:12 PM ET
    Former Enron CEO Jeff Skilling (AP Photo/David J. Phillip)

    Former Enron CEO Jeffrey Skilling is appealing his 2006 conviction to the Supreme Court.  In a 50-page petition filed Monday afternoon, Skilling's attorneys argue the conviction should be overturned because he did not put his own interest above Enron's as the government claimed, and because the Houston jury that convicted him was prejudiced by "pervasive media coverage."

  • SEC to Consider About 4 Short Sale Proposals Monday, 6 Apr 2009 | 10:13 PM ET

    U.S. securities regulators will consider about 4 proposals to restrict short selling, a type of investing blamed for accelerating the severe downturn in financial services stocks.

  • SEC Watchdog Faults Handling of Naked Short Complaints Wednesday, 18 Mar 2009 | 10:30 PM ET

    A new report from SEC Inspector General David Kotz says the agency is not doing enough to address complaints about abusive, "naked" short selling.

  • Merrill and Goldman Sachs Settle Auction-Debt Probe Thursday, 21 Aug 2008 | 6:11 PM ET

    Three more more financial firms, including Merrill Lynch and Goldman Sachs, reached settlements over the sale of auction-rate securities, a $330 billion market that collapsed in February.

  • Merrill's Thain, Cuomo Discuss Auction-Rate Probe Thursday, 21 Aug 2008 | 4:27 PM ET

    Merrill Lynch CEO John Thain met with New York Attorney General Andrew Cuomo on Thursday in an attempt to reach a settlement of the auction-rate securities probe, CNBC has learned.

  • Merrill Settles With Massachusetts on Auction Debt Thursday, 21 Aug 2008 | 1:27 PM ET

    Merrill Lynch reached a settlement with Massachusetts over auction-rate securities, the latest in a string a accords between regulators and Wall Street firms over the $330 billion market that collapsed in February

  • Cuomo Threatens to Sue Merrill Over Auction-Rate Debt Thursday, 21 Aug 2008 | 9:52 AM ET

    Merrill Lynch has until Friday to settle an auction-rate securities case with New York Attorney General Andrew Cuomo's office or it will face a lawsuit, Cuomo warned during a CNBC interview.

  • LVMH Wins Compensation from eBay for Fakes Monday, 30 Jun 2008 | 9:07 AM ET

    A French court ordered eBay to pay 38.6 million euros ($61 million) to luxury goods group LVMH for allowing the sale of fake merchandise, in a ruling immediately appealed by the online auction website.

  • Bear Stearns Fund Managers Likely to be Indicted Thursday, 19 Jun 2008 | 5:55 AM ET

    The indictment of two Bear Stearns hedge fund managers for securities fraud is expected to be announced later on Thursday in connection with a fund tied to the subprime lending market, CNBC has learned.

  • Ex-Credit Suisse Banker Gets 10 Years Jail Sentence Saturday, 31 May 2008 | 7:32 AM ET

    A former Credit Suisse investment banker convicted of leaking inside information about pending mergers was sentenced to 10 years in prison by a federal judge Friday.

  • John F. Marshall spent decades teaching at business schools and watching his students parlay his lessons into fortunes on Wall Street. But when he and another professor reached for some of those riches themselves, events took a startling turn, the authorities say.

  • Bush Won't Veto Bill Halting Shipments to Oil Reserve Thursday, 15 May 2008 | 10:50 AM ET

    The White House said that President Bush would not veto a final bill from Congress that orders a halt to filling the Strategic Petroleum Reserve while oil prices are very high.

  • Patent Law Battle a Boon to Lobbyists Wednesday, 30 Apr 2008 | 11:01 AM ET

    A fight has erupted in Congress over the question of whether drug makers and other companies should be allowed to keep patents they obtained by misrepresentation or cheating, The New York Times reports.