Ellen Huvelle


Ellen Huvelle News

  • Reverse-Mortgage Rule on Surviving Spouse Tossed by Judge

    A rule of the U.S. Department of Housing and Urban Development governing repayments of reverse mortgages by surviving spouses conflicts with federal law, a judge in Washington ruled.

  • SEC Urges Approval of Citigroup Subprime Settlement

    The U.S. Securities and Exchange Commission urged a U.S. judge to approve Citigroup Inc.’s $75 million settlement with regulators over claims the bank misled investors by failing to disclose $40 billion in subprime-related holdings.

  • Citigroup, Galleon, Wal-Mart, Altria in Court News

    Norges Bank, Norway’s central bank, sued Citigroup Inc. along with Chief Executive Officer Vikram Pandit and Chairman Richard Parsons over $835 million in losses in Citigroup stock and bonds.

  • SEC Says Prince, Rubin Knew of Losses at Suit’s Focus

    Charles O. “Chuck” Prince and Robert Rubin were among Citigroup Inc. officials who knew 2007 losses were mounting on mortgage assets that U.S. regulators have faulted the bank for not disclosing, a court filing shows.

  • Citigroup, Vodafone, Bwin Interactive, GE, Pfizer, Boeing in Court News

    Charles O. “Chuck” Prince and Robert Rubin were among Citigroup Inc. officials who knew 2007 losses were mounting on mortgage assets that U.S. regulators have faulted the bank for not disclosing, a court filing shows.

  • Barclays Follows Citigroup With Court Rejection of U.S. Accord

    A federal judge yesterday refused to immediately endorse a settlement between the U.S. and a bank for a third time in a year, calling a proposed $298 million fine of Barclays Plc for trading with Iran, Cuba and Sudan “a sweetheart deal.”

  • Ex-Fannie Chief Girds for Battle With SEC Over Disclosure

    After the U.S. government snatched Fannie Mae from the brink of collapse in 2008 and forced out its chief executive officer, Daniel H. Mudd, he headed for the river.

  • Schapiro SEC Reign Nears End With Rescue Mission Not Done

    What Mary Schapiro considered her most important task had just run aground, a symbol of the aspirations and missed opportunities of her tenure as head of the U.S. Securities and Exchange Commission.

  • SEC Fannie Mae Probe Said to Examine CEO’s Testimony to Congress

    As the housing market deteriorated in April 2007, Fannie Mae Chief Executive Officer Daniel Mudd reported to Congress on his company’s health. The firm’s exposure to subprime loans, he told lawmakers, “remains minimal, less than 2.5 percent of our book.”

  • Schapiro SEC Seen Ineffectual Amid Dodd-Frank Funding Curbs

    On a stormy night in October 2009, Mary Schapiro , the newly appointed head of the U.S. Securities and Exchange Commission, returned to her alma mater, Franklin & Marshall College in Lancaster, Pennsylvania, to be inducted into the hall of fame for student athletes. Receiving her award, she grasped the podium, confessed she was near tears and spoke of how she had never even seen a lacrosse game before attending college.

Advertisement
Sponsored Links
Advertisement
Curation software by Lingospot