Tag: Securities and Exchange Commission
-
How Medicare Advantage investors made billions off loose government lips
By Fred Schulte Center for Public Integrity The third of February 2011 was mostly a ho-hum day on Wall Street — but not for companies offering Medicare Advantage plans. Several of those firms hit the jackpot, tacking on billions of dollars in new value after federal officials signaled they might go easy on health plans…
-
Florida’s First Lady invests quietly in investment firm that mirrors governor’s old company
By Dan Christensen BrowardBulldog.org Florida First Lady Ann Scott doesn’t talk publicly about where she invests the many millions of dollars in assets her husband, Governor Rick Scott, has transferred to her since his election in 2010. But SEC records reveal one place she’s sunk a lot of money is an obscure “family” investment firm…
-
Gov. Scott chose a familiar face to manage his $72 million blind trust
By Dan Christensen BrowardBulldog.org Most Floridians have never heard of Alan Lee Bazaar. Yet as chief executive of the New York investment advisory firm that serves as trustee of Gov. Rick Scott’s blind trust, Bazaar is the keeper of an important public trust for Florida’s citizens.
-
Gov. Scott quietly rakes in millions from stock sales; Florida’s blind trust law ineffective
/
12781 SEEN/
/
By Dan Christensen BrowardBulldog.org Over the last 15 months, Gov. Rick Scott and his wife, Ann, through various entities, made more than $17 million selling hundreds of thousands of shares a single stock. Scott’s blind trust sold shares of that stock worth $2.54 million in December 2012. You aren’t supposed to know that. Gov. Scott…
-
Ex-SEC chief now helps companies navigate post-meltdown reforms
/
3619 SEEN/
/
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,…
-
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.
