Posts Tagged “Financial Crisis”
SEC to Move Past Financial Crisis Cases Under New Chairman White
by The Compliance Exchange on April 18, 2013
Mary Jo White, the first former prosecutor to serve as chairman of the U.S. Securities and Exchange Commission, has pledged to run a “bold and unrelenting” enforcement program at the agency charged with regulating Wall Street.
Rising Bank Profits Tempt a Push for Tougher Rules
by The Compliance Exchange on April 18, 2013
Banks have been reporting steady growth in earnings since soon after the financial crisis. With the latest reports rolling in, analysts think the banks’ first-quarter profits will be their best ever.
Breuer Reflects On Prosecutions That Were, And Weren’t
by The Compliance Exchange on March 1, 2013
After spending four years under the microscope as he led investigations of some of the world’s biggest banks, Lanny A. Breuer hasn’t lost his swagger. The 54-year-old prosecutor, with a Rolodex as thick as his Queens dialect, will leave the (…)
What’s Inside America’s Banks?
by The Compliance Exchange on January 4, 2013
Some four years after the 2008 financial crisis, public trust in banks is as low as ever.
Mixed Results for S.E.C. in Financial Crisis Cases
by The Compliance Exchange on November 20, 2012
Last week was a study in contrasts in how theSecurities and Exchange Commission has been able to pursue cases from the financial crisis.
Ex-FDIC Regulator Blasts Bankers and Geithner
by Kyle Colona on September 26, 2012
In her just released memoir, Sheila Bair, the former chairperson of the FDIC, blasts bankers and Treasury Secretary Timothy Geithner for their role in the financial crisis.
What Rogue Trader? Kweku Adoboli Trial Begins
by Jack J. Kelly on September 10, 2012
The fact that we have all forgotten about UBS rogue trader Kweku Adoboli (accused of losing $2 bn) shows the need for increased regulation.
Fraud Or A Risky Bet? That’s The Question In Trial of Ex-Citi Exec
by Beth Connolly on July 17, 2012
Brian Stoker is accused of securities fraud involving the sale of $1 billion of synthetic collateralized debt obligations (CDOs) in 2007.
Why Isn’t Wall Street in Jail?
by The Compliance Exchange on July 2, 2012
Financial crooks brought down the world’s economy — but the feds are doing more to protect them than to prosecute them Over drinks at a bar on a dreary, snowy night in Washington this past month, a former Senate (…)
