Stocks slipped at the open Tuesday as investors fretted over the state of the banking industry and braced for what could be a dire first-quarter earnings season.
US stocks looked set to sink at the open Tuesday as investors fretted over the state of the banking industry and braced for what could be a dire first-quarter earnings season.
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.
The Securities and Exchange Commission accuses a Toronto-based fund manager who calls himself the "Chinese Warren Buffett" of running a multi-million dollar Ponzi scheme aimed mostly at Chinese-Americans in the Dallas area. Weizhen Tang tells Bloomberg his firm has had "difficulties" but denies he's done anything wrong.
In this Web Extra, the traders game market moving events in the week ahead including the start of earnings season. What’s the trade?
A new Inspector General's report says the Securities and Exchange Commission is failing to uncover potentially widespread abuses in the sale of unregistered securities—which, among other things, can be used to run pump-and-dump schemes.
The former Chief Investment Officer for Stanford Financial — who is charged with obstructing the SEC investigation of the firm — has sued her attorney and his firm for malpractice.
Treasury Secretary Tim Geithner will unveil a four part plan to reform financial regulation when he testifies before the House Financial Services Committee Thursday.
Chief Financial Officer for Texas financier Allen Stanford has changed course, and is now cooperating in the civil and criminal investigations of his former boss, CNBC has confirmed.
The trustee handling the liquidation of Bernard L. Madoff’s brokerage business told a federal judge on Monday that he had found $75 million in new assets in Gibraltar, the New York Times reports.
Cramer explains how unenforced rules brought down Bear Stearns and Lehman Brothers.
A new report from SEC Inspector General David Kotz says the agency is not doing enough to address complaints about abusive, "naked" short selling.
The Internal Revenue Service is allowing tax relief and refunds for some investors who paid taxes on earnings from their investments with Bernard Madoff that turned out to be nonexistent.
Bernard Madoff pled guilty to eleven charges stemming from his alleged $64 billion Ponzi scheme today. His victims were given a chance to speak in court, though some did not in spite of their lingering questions.
Here is the text of Bernard Madoff's prepared plea allocution statement, delivered Thursday in U.S. District Court in New York
One person, at least, would like to thank Bernie Madoff for all the good his alleged fraud has done for American society.
With your 401(k). Anyone else find it strange that casinos operate under stricter rules than the markets?
Find a list of resources compiled for victims of accused swindler Bernard Madoff ahead of the plea agreement scheduled for later this week.
Attorney Ira Sorkin confirms a report in Newsday that Ruth Madoff is getting her own counsel.
Somehow the powers that be have forgotten the lessons we learned from the Great Depression.