Bradley Simon News
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The U.S. Securities and Exchange Commission will force state and local government bond underwriters to disclose more information about donations to election campaigns supporting new debt sales.
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Looks can be deceiving when it comes to assessing the U.S. criminal investigation of SAC Capital Advisors LP founder Steven A. Cohen.
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Ex-New York Comptroller Alan Hevesi shouldn’t be sentenced by the judge who accepted his guilty plea for corruption involving the state pension fund because of a conflict of interest, Hevesi’s lawyer said in court.
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Former New York state comptroller Alan Hevesi asked the judge who accepted his guilty plea to recuse himself, saying he hid a conflict of interest so he could preside over a newsworthy corruption case.
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The judge who accepted the guilty plea of former New York Comptroller Alan G. Hevesi will transfer the pension-fund corruption case to another judge for sentencing, after refusing to withdraw because of an alleged conflict of interest.
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U.S. investigators conducting a criminal probe of interest-rate manipulation have asked their British counterparts for permission to interview London traders, two people familiar with the investigation said.
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Six former HSH Nordbank AG executives were charged with breach of trust and accounting crimes over their role in collateralized-debt obligations that led to writedowns of 500 million euros ($647 million) in 2008.
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CDR Financial Products Inc. and its founder, David Rubin, pleaded guilty less than a week before trial on charges tied to a federal investigation of bid- and auction-rigging in the municipal bond market.
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Goldman Sachs Group Inc. will pay $14.4 million to resolve regulatory claims that a former banker made improper campaign contributions to the treasurer of Massachusetts while seeking underwriting business.
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Daniel Mudd, the former chief executive officer of Fannie Mae, and Richard Syron, ex-CEO of Freddie Mac, were sued by the U.S. Securities and Exchange Commission for understating by hundreds of billions of dollars the subprime loans held by the firms.
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