UBS has released more information about how a trader on an equity derivatives desk in London could have wracked up billions in losses.
The tables may be turned on one former SEC official. He may soon be investigated by the Justice Department for a potential conflict in the Madoff case: He was responsible for the agency's proposal for victim compensation even though he had a financial interest in the outcome.
In "The Arrogance Cycle", Farr says he provides what every investor needs to know to protect his or her assets from the next big financial bubble.
If you’re expecting this regulatory body to protect you, think again.
The number one thing the owners of the New York Mets, Fred Wilpon and Saul Katz, "never wanted to give up is control" of the organization, Anthony Scaramucci, managing partner of the alternative asset firm SkyBridge Capital, told CNBC Thursday.
The man whose emails detailing Bernie Madoff's Ponzi scheme were ignored by the Securities and Exchange Commission has a new target — foreign exchange fraud, and he has Bank of New York and State Street in his sights.
An attorney for several hundred victims of Bernard Madoff's Ponzi scheme says she will ask the Supreme Court to overturn an appeals court ruling that would limit payments by the Securities Investor Protection Corporation.