Report: SEC Probing Other Madoff-Style Ponzi Schemes
Posted in Main Blog (All Posts) on January 3rd, 2009 5:36 am by HL
Report: SEC Probing Other Madoff-Style Ponzi Schemes
Was Madoff just the tip of the iceberg? The SEC is investigating at least one case in which investors may have been cheated out of as much as $1 billion, by money managers using tactics similar to those alleged to…
For Some Culprits In Financial Meltdown, Life Is Still Pretty Good
This probably won’t come as a surprise. But some of the major culprits in the financial crash — former CEOs or top execs at banks whose billion-dollar losses helped precipitate the turmoil — don’t seem to be paying much of…
FEC’s Republicans Choose Not To Enforce Law
For Republicans opposed to campaign finance regulations, it appears that enforcing the law is just so last year. Bloomberg reports that the Federal Election Commission’s three GOP members all voted against fining the Chamber of Commerce for illegally spending money…
