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  • SEC Is Said to Seek to Bar Wall St. Financier Wednesday, 2 Jun 2010 | 10:51 AM ET
    Steven Rattner

    As it investigates a suspected kickback scheme in New York’s pension system, the Securities and Exchange Commission has been pushing to bar Steven L. Rattner, a prominent financier and former adviser to the Obama administration on the auto industry, from working in the securities industry for up to three years, according to three people told of the discussions. The NYT explains.

  • Famed defense attorney Eddie Hayes may represent accused Ponzi Schemer/Investment Adviser Ken Starr.

  • Goldman Sachs Spies A Way Out Of Fraud Claims Tuesday, 1 Jun 2010 | 11:53 AM ET
    The Goldman Sachs booth on the floor of the New York Stock Exchange

    Goldman Sachs may have found a way to compromise with the Securities and Exchange Commission that will allow both sides to declare victory.

  • Google Balks at Turning Over Data to Regulators Thursday, 27 May 2010 | 10:30 AM ET
    The camera of a German Google Street View car

    Google has balked at requests from regulators to surrender Internet data and e-mails it collected from unsecured home wireless networks, saying it needed time to resolve legal issues. The NYT reports.

  • Lehman Brothers Sues JPMorgan to Recover Lost Collateral Wednesday, 26 May 2010 | 6:43 PM ET
    Jamie Dimon

    The Lehman Brothers bankruptcy estate has filed a lawsuit against JP Morgan Chase executives, including CEO and president Jaime Dimon, alleging that JP Morgan illegally siphoned billions of dollars from Lehman in its last days before the bank filed for bankruptcy.

  • The Goldman Sachs booth on the floor of the New York Stock Exchange

    Goldman Sachs is preparing to file a full-blown, point-by-point defense against the fraud allegations filed by the SEC, people familiar with the matter told CNBC.com.

  • EU Set to Fine Samsung Elec, Hynix, Infineon: Report Monday, 17 May 2010 | 11:17 PM ET

    Nine memory chip makers, including Samsung Electronics, Infineon and Hynix Semiconductor, are set to be fined by EU regulators this week on charges of illegally fixing prices.

  • With Banks Under Fire, Some Expect a Settlement Friday, 14 May 2010 | 10:07 AM ET
    Outside the New York Stock Exchange in lower Manhattan.

    News on Thursday that New York State prosecutors are examining whether eight banks hoodwinked credit ratings agencies opened yet another front in what is fast becoming the legal battle of a decade for the big names of finance. The New York Times explains.

  • After SEC Suit Warning, Traders Flee Moody’s Shares Tuesday, 11 May 2010 | 10:23 AM ET
    Gavel

    Shares of Moody’s fell sharply on Monday after it disclosed that the Securities and Exchange Commission had warned that it might sue the firm for making “false and misleading” statements as part of its application as a ratings organization.

  • That Nagging Question of Mutual Fund Fees Monday, 10 May 2010 | 12:01 PM ET
    1978 portrait of American economist Paul Anthony Samuelson, winner of the Nobel prize for Economics in 1970.

    Mutual fund management companies receive handsome fees from people who often have no idea whether they are getting a good deal. For the most part, they're not, says the NYT.

  • Goldman Plans to Overhaul Practices Monday, 3 May 2010 | 12:19 PM ET

    Goldman Sachs is planning to change some of its practices in dealing with institutional clients, a step that could help it settle charges filed last month by US securities regulators.

  • Voiding Derivative Pacts Would Be 'Disaster': Sokol Friday, 30 Apr 2010 | 11:36 AM ET

    David Sokol, a key Warren Buffet lieutenant, told CNBC that it would be a “disaster” if Congress enacted retroactive legislation that voided contracts dealing with derivatives.

  • Protesters Enter NYC Bank Buildings Before Rally Thursday, 29 Apr 2010 | 4:55 PM ET
    Wall Street Protests

    Noisy protesters with signs took over two bank building lobbies on Thursday in a prelude to a Wall Street rally by workers and union leaders angry over lost jobs, the taxpayer-funded bailout of financial institutions and questionable lending practices by big banks.

  • Activision’s Legal Problems Are Getting Uglier Wednesday, 28 Apr 2010 | 12:00 PM ET
    Modern Warfare 2

    The fight that kicked off when Activision fired the two heads of the studio behind last year’s best selling video game is getting uglier—on multiple fronts.

  • Goldman a $200 Stock, 'You Should Own It': Bove Wednesday, 28 Apr 2010 | 7:15 AM ET

    The bank's problems are over after Tuesday's marathon Senate hearings and the stock is likely to rise, Rochdale Securities banking analyst Richard Bove told CNBC Wednesday.

  • High Court Says Lawsuits Over Merck Drug Can Proceed Tuesday, 27 Apr 2010 | 10:49 AM ET

    The Supreme Court said Tuesday that investors who lost millions when Merck pulled its blockbuster pain drug Vioxx off the market can go ahead with a lawsuit against the pharmaceutical giant.

  • Main Investor in Goldman Deal May Have Caused Losses Thursday, 22 Apr 2010 | 11:04 AM ET
    Goldman Sachs

    ACA, the main investor in a failed mortgage-securities deal that prompted fraud charges against Goldman Sachs, appears to have caused some of the $1 billion loss itself, CNBC has learned.

  • Major Issue in Goldman Case: Was There Really Any Fraud? Wednesday, 21 Apr 2010 | 11:47 AM ET
    gavel and money

    The government's case against Goldman Sachs revolves in part around whether the investor that selected the toxic securities at the center of the case also could be the primary victim.

  • US Politicians 'Looking For Scapegoats': Roach Wednesday, 21 Apr 2010 | 5:59 AM ET

    Hedge fund firm Paulson & Co. said its role in the collateralized debt obligations sold by Goldman Sachs was "appropriate and conducted in good faith," according to a company letter sent to investors and obtained by CNBC.

  • Paulson: Our Role in Goldman CDOs Was 'Appropriate' Wednesday, 21 Apr 2010 | 3:11 AM ET

    Hedge fund firm Paulson & Co. said its role in the collateralized debt obligations sold by Goldman Sachs was "appropriate and conducted in good faith," according to a company letter sent to investors and obtained by CNBC.