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Tag: Securities And Exchange Commission


Kerry Calls Out Johnson, Zuckerberg Plans Christie Fundraiser, and More

A look at the day’s political happenings, including President Obama naming a new SEC head and Joe Biden dispensing some interesting earthquake advice during a Google+ “Fireside Hangout.”

Posted on Jan 24, 2013 READ MORE



GOP Backs Off Norquist Anti-Tax Pledge, Fox News Dissed on Fox News, and More

A look at the day’s political happenings, including another legal challenge to President Obama’s health care law and billionaire Warren Buffet discusses what Congress should do about taxing the wealthy.

Posted on Nov 26, 2012 READ MORE



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Banks Pay Bupkis for Roles in Crisis

Bank of America: $11.9 billion; JPMorgan: $5.44 billion; Wells Fargo: $4.35 billion. These are the fines the banks have paid so far in settlements to the government for wrongdoing amid the financial crisis.

Posted on Mar 8, 2012 READ MORE  |  2 COMMENTS



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Why No One Would Listen

What’s worse: to be persecuted and indicted for trying to expose an act of wrongdoing? Or—like so many in the corporate and financial world—to be ignored for doing so?

Posted on Mar 7, 2012 READ MORE  |  2 COMMENTS



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SEC Slaps Former Fannie, Freddie Execs With Fraud Charges

It’s a start, but let’s hope Friday’s fraud charges against six former higher-ups at Fannie Mae and Freddie Mac don’t represent the only attempts that the Securities and Exchange Commission will make to hold financial executives responsible for the disastrous economic mess that’s still upon us.

Posted on Dec 16, 2011 READ MORE  |  6 COMMENTS



Composite image: Handout / Mary Altaffer, AP

Truthdigger of the Week: Judge Jed Rakoff

There are those occasions when the choice for Truthdigger of the Week is so clear that our tribute practically writes itself. This is one of those times.

Posted on Dec 2, 2011 READ MORE  |  49 COMMENTS



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American Officials Enjoy Lives Without Shame

Three recent news headlines illustrate how shameless some American officials have become when it comes to breaking the rules or messing up and pretending that everything is still OK. They also prove that in modern America, it’s possible for screwups to continue their lives and careers with hardly a blip.

Posted on Sep 2, 2011 READ MORE  |  16 COMMENTS


banking hearing
AP / Susan Walsh

Bank of America CEO to Pack It In at Year’s End

Another head of another big bank is rolling ... all the way out the door. On Wednesday, Bank of America CEO Kenneth Lewis made the startling announcement that he was opting to take early retirement, effective the last day of this calendar year.

Posted on Sep 30, 2009 READ MORE  |  6 COMMENTS


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