Category: Securities and Investments
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Ex-SEC chief now helps companies navigate post-meltdown reforms
By Lauren Kyger, Alison Fitzgerald and John Dunbar Center for Public Integrity On March 11, 2008, Christopher Cox, former chairman of the Securities and Exchange Commission, said he was comfortable with the amount of capital that Bear Stearns and the other publicly traded Wall Street investment banks had on hand. Days later, Bear was gone,…
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Feds indict pair in $164 million ‘Ponzi’ scheme tied to South Florida
By Dan Christensen BrowardBulldog.org Two figures at the center of an alleged $164 million real estate scam marketed out of South Florida have been indicted by a federal grand jury in San Francisco on mail fraud and conspiracy charges.
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The Bailout: By the actual numbers
By Paul Kiel, Pro Publica Quick, how many billions in the red are taxpayers on the bailout of GM? AIG? Fannie and Freddie? Is it true that the government has reaped a profit from bailing out the banks? It should be easy to find answers to such questions. But while it’s a snap to find rosy…
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TD Bank accused of altering evidence by victim of Scott Rothstein’s Ponzi scheme
By Brian Kindle Special to BrowardBulldog.org TD Bank lost a $67 million jury verdict in January in a case related to the notorious Fort Lauderdale lawyer and swindler Scott Rothstein. Now, the Canadian-owned bank is accused of withholding evidence during the 70-day trial.