Dick Fuld News
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Robert Khuzami, the U.S. Securities and Exchange Commission’s enforcement chief, said the agency is “very focused” on bringing cases against exchanges and traders when system or programming failures harm investors.
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If one wants to understand the full complicity of Wall Street in the Great Recession, look no further than the voluminous package of pre-collapse Lehman Brothers documents that have been made available by the law firm Jenner & Block LLP, which has acted as the coroner in the Lehman post-mortem.
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Enough of this going-halfway stuff. It’s time Barack Obama found someone capable of doing something bold to the U.S. economy. And I’ve got a list of candidates who could do it.
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More than three years after Lehman Brothers filed for bankruptcy protection, it's increasingly obvious we still don't know the half of what actually went on there. For example: The person with the highest pay package at Lehman in 2007 was not its chief executive, Dick Fuld, but a managing director, Robert Millard, who was the bank's head of principal trading.
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Late last week, a little-known trader at JPMorgan Chase & Co. in London, Bruno Iksil, awoke to find his life changed forever.
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Citigroup Inc. Chief Executive Officer Vikram Pandit, who took a $1 salary after his bank received the most taxpayer assistance of any U.S. lender, is poised to collect $80 million from other payments and awards that may eventually total more than $200 million.
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Erskine Bowles, a true Southern gentleman and co-chairman of President Barack Obama’s erstwhile budget-deficit commission, came to New York City from his home in North Carolina the other night to talk sense about the nation’s perilous fiscal condition.
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Andrew Ross Sorkin ’s sprawling best- seller “ Too Big to Fail ” is now a TV movie that transforms the complex tale of Wall Street greed into a knight-in-shining-armor saga.
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There’s a point in almost every financial crisis when pretty much anything anybody says about it can take on a ring of truth, because the leaders responsible for dealing with the disaster have squandered their credibility.
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Larry Ellison and Steve Ballmer both run large software companies. Their operating styles, however, are a study in contrasts.
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