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  • Kodak Shares Surge; Patent Defeat to Be Reviewed Friday, 25 Mar 2011 | 5:55 PM ET

    Shares of Eastman Kodak surged 20 percent in late trading on Friday after the International Trade Commission said that it would review the camera maker's loss in a patent battle with Research in Motion and Apple.

  • Raj Rajaratnam

    Secretly-recorded audio played by prosecutors reveals a phone conversation between hedge fund executive Raj Rajaratnam and his brother Rengan in which Rengan was concerned that the media had picked up on the deal.

  • Chief of American Apparel Faces 2nd Harassment Suit Thursday, 24 Mar 2011 | 10:39 AM ET
    Dov Charney founder and CEO of American Apparel

    A former American Apparel sales associate filed a lawsuit on Wednesday alleging she was sexually harassed by Dov Charney, the company’s unconventional chief executive and founder best known for promoting his American-made T-shirts and leggings in provocative ads that feature young women, the New York Times reports.

  • Goldman Sachs CEO Lloyd Blankfein

    Federal prosecutors say they do plan to call Goldman Sachs Chairman Lloyd Blankfein as a witness in the insider trading trial of Raj Rajaratnam, according to a letter sent to the judge in the case.

  • Did Raj Rajaratnam Cross the Line to Get an Edge? Thursday, 17 Mar 2011 | 4:23 PM ET
    Raj Rajaratnam

    After one week of testimony in the insider trading trial of Galleon Group co-founder Raj Rajaratnam, one thing is clearer than ever: In the brutally competitive world of hedge funds, information is everything. A jury will ultimately decide whether the information Rajaratnam got—and made millions trading with—was illegal inside information. But there is no disputing that he went to great lengths to get it.

  • Goldman Mulled Buying Wachovia, AIG: Audio Tape Tuesday, 15 Mar 2011 | 9:38 PM ET
    Rajat Gupta

    A taped conversation played for jurors in the criminal insider trading trial of hedge fund manager Raj Rajaratnam Tuesday indicated the Goldman Sachs board had a "divided" discussion in the summer of 2008 about trying to buy a commercial bank such as Wachovia.

  • Raj Rajaratnam co-founder of the Galleon Group hedge fund.

    At least as noteworthy as what attorneys did say in two-and-a-half hours of opening statements in the Raj Rajaratnam insider trading trial is what they did not say.

  • TARP Police! Step Away From the Bailout Money! Wednesday, 9 Mar 2011 | 12:33 PM ET

    The inspector general for TARP has 45 investigators across the country empowered to carry guns and badges, and 27 vehicles with sirens and lights. Known as SIGTARP agents, they are empowered to make arrests, and they’ve done just that 23 times, a spokesman said.

  • No Agreement on Penalties for Mortgage Mess Thursday, 3 Mar 2011 | 5:46 AM ET

    Even as state attorneys general and regulators approach the end of their investigation into abuses by mortgage companies, deep disputes are emerging over how much to punish the banks, the New York Times reports.

  • Rajat Gupta's Weird and Weak 'No Profits' Defense Wednesday, 2 Mar 2011 | 4:01 PM ET
    Rajat Gupta

    Rajat Gupta vigorously denies the insider trading charges the SEC lodged against him, calling them “totally baseless.”

  • Rajat Gupta

    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 Big Tort Monday, 28 Feb 2011 | 4:31 PM ET

    Michael Lewis is being sued over his book The Big Short.

  • Madoff Lawsuit's Perverse Incentives & Implications Wednesday, 23 Feb 2011 | 1:32 PM ET
    Gavel

    A suit filed against Citigroup by the trustee representing Bernie Madoff's victims would seem to put banks in an impossible position.

  • Allen Stanford and Bernie Madoff In Same Prison Saturday, 19 Feb 2011 | 9:25 AM ET
    Allen Stanford

    Accused Ponzi schemer Allen Stanford has joined convicted Ponzi schemer Bernard Madoff at the federal prison complex in Butner, North Carolina.

  • SEC Hires Executive for New Whistleblower Program Friday, 18 Feb 2011 | 3:31 PM ET
    The U.S. Securities and Exchange Commission seal hangs on the facade of its building in Washington, DC.

    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.

  • Banks' Dual Role in Deals Is Often a Conflict Tuesday, 15 Feb 2011 | 3:55 PM ET

    Anyone who cares about deals would do well to read Monday’s opinion from Chancellor Laster in the litigation brought by shareholders against Del Monte Foods.

  • Whistleblowers who expose fraud, corruption and other kinds of wrongdoing can be deeply religious people, whose faith gives them an identity outside their corporate life.

  • August Busch IV

    The death of August Busch IV's companion has provided fodder for those who see him as someone whose money and influence have protected him, the New York Times reports.

  • Victims Who Deserve Their Fate Friday, 11 Feb 2011 | 9:42 AM ET
    Bernie Madoff

    “Let the buyer beware” as a concept is staging a comeback as the trustee in the Madoff case argues that some investors were sophisticated enough to know it was a Ponzi scheme, the New York Times reports.

  • Wall Street Fights New Whistleblower Law Friday, 11 Feb 2011 | 8:56 AM ET
    Wall Street

    With new whistleblower rules coming to Wall Street, the industry's lobbyists have mounted a furious behind-the-scenes effort to constrain the reach of the new protections.