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  • More Europe Banks Identified in US Tax Probe: Report Wednesday, 19 Aug 2009 | 4:19 AM ET

    Nearly 10 more Swiss and other European banks holding wealthy US citizens accounts were identified using a tax-evasion amnesty program in the US, the Wall Street Journal reported on its Web site Wednesday.

  • No New Judge in Stanford Case Wednesday, 19 Aug 2009 | 1:25 AM ET

    Late Tuesday, a federal appeals court, without explanation, denied Allen Stanford's petition to remove U.S. District Judge David Hittner from his criminal case.

  • 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.

  • Stanford 'Wife' Should Face Contempt Charge: Lawyer Friday, 14 Aug 2009 | 4:19 PM ET
    Allen Stanford

    One of Allen Stanford's mistresses—whom the accused fraudster euphemistically refers to as "outside wives"—should be held in contempt of court, according to the court-appointed Receiver in the case.

  • Corruption Found at Waterfront Watchdog Wednesday, 12 Aug 2009 | 11:30 AM ET
    New York Harbor

    The Waterfront Commission of New York Harbor, created in the 1950s to break the mob’s grip on the docks, became its own bastion of lawlessness, employing some of the same corrupt, self-serving methods as the gangsters it was supposed to pursue, investigators said Tuesday in a scathing report.

  • Obama Retools Health Care Pitch as Ratings Slip Tuesday, 11 Aug 2009 | 11:25 AM ET
    President Barack Obama

    His approval ratings slipping, President Barack Obama is retooling his message on his health care overhaul, aiming to win over Americans who already have insurance.

  • Ex-AIG CEO Greenberg Settles Fraud Charges With SEC Thursday, 6 Aug 2009 | 4:53 PM ET
    Maurice "Hank" Greenberg

    The SEC said Thursday that former American International Group CEO Maurice "Hank" Greenberg agreed to pay a $15 million fine to settle fraud charges.

  • White House Affirms Deal on Drug Cost Thursday, 6 Aug 2009 | 12:15 PM ET
    Pills

    Pressed by industry lobbyists, White House officials on Wednesday assured drug makers that the administration stood by a behind-the-scenes deal to block any Congressional effort to extract cost savings from them beyond an agreed-upon $80 billion.

  • SEC's Schapiro: Ban on Flash Trading Will Take Time Wednesday, 5 Aug 2009 | 4:48 PM ET

    A regulatory ban on so-called flash trading, which gives some big brokerage firms a split-second advantage in buying and selling stocks, will take time to implement, Securities and Exchange Commission Chairman Mary Schapiro told CNBC.

  • Health Care Reform

    Effectively managing the massive amounts of medical data generated within our health care system can literally mean the difference between life and death. It can also mean the difference between success and failure in stemming the rising costs of health care,  writes guest blogger Janet Marchibroda, IBM's Chief Healthcare Officer.

  • Phibro in Talks for 'Quiet Divorce' with Citigroup Sunday, 2 Aug 2009 | 8:12 PM ET

    Andrew Hall, the trader behind Phibro, the energy trading arm of Citigroup, is quietly pushing for a "quiet divorce" from his parent company and has had preliminary talks with one possible suitor, The New York Times reports.

  • Stanford Lawyer Quits over Cash Saturday, 1 Aug 2009 | 5:59 PM ET

    Accused fraudster Allen Stanford once claimed a net worth of more than $2 billion. But with all of his assets frozen by a federal judge, he has no funds to pay his high-powered criminal defense lawyer, Dick DeGuerin of Houston.

  • Barney Frank

    There is a lot about Wall Street pay to make the rest of us livid, or at least jealous. And now Congress seems poised to act on it. It might not hurt much, but neither will it do much good, says the NYT.

  • Allen Stanford 'Clawback' Suit Gets Hearing Date Wednesday, 29 Jul 2009 | 6:37 PM ET

    The court-appointed receiver in the Stanford Financial case—whose job is to locate funds to return to investors—is suing some 400 of them in a controversial "clawback" case.

  • Stanford Receiver Sues 400 Investors to Recover Funds Tuesday, 28 Jul 2009 | 7:41 PM ET

    The court-appointed receiver in the Stanford Financial case—whose job is to locate funds to return to investors—is suing some 400 of them in a controversial "clawback" case.

  • Frank: SEC Pay Oversight Would Limit 'Excessive Risk' Tuesday, 28 Jul 2009 | 5:14 PM ET

    The bill was was approved Tuesday by the House Financial Services Committee, which Frank chairs. The measure was approved in a 40-28 party-line vote.

  • SEC Says It Acted Properly in Stanford Probe Tuesday, 28 Jul 2009 | 12:53 PM ET

    The Securities and Exchange Commission and the Justice Department are defending their investigations of the alleged $8 billion Stanford Financial fraud. This, following an investigation by the SEC's Inspector General — first reported by CNBC — that concluded the SEC "effectively halted" its investigation last year at the Justice Department's request.

  • Stanford Calls Texas Jail 'Oppressive,' Asks to Move Monday, 27 Jul 2009 | 12:15 PM ET
    Allen Stanford

    Accused fraudster Allen Stanford can't stand the heat, and he wants out of the Texas jail where he is being held.

  • Mayors, Rabbis Arrested in Corruption Sting Thursday, 23 Jul 2009 | 5:27 PM ET

    The mayors of two New Jersey cities, a current and former state legislator and five rabbis were among more than three dozen people arrested Thursday in a sweeping corruption investigation.