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Enron's Jeff Skilling doesn't deserve a break
As if you didn't know this already, we're coddling criminals in America. By that I don't mean the petty drug dealers, three-strikes necklace-snatchers and other mooks filling up our state prisons; many of them are doing hard time. I'm talking about...Tags: Criminals, Securities, Prisons, Conservation, Economy, Business and Finance
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SAC CAPITAL TELLS INVESTORS IT WILL LIKELY NOT
ReutersSAC CAPITAL TELLS INVESTORS IT WILL LIKELY NOT GIVE DETAILED UPDATES ON INSIDER TRADING PROBE-LETTER -
SAC SAYS COOPERATION WITH U.S. GOVERNMENT IN
ReutersSAC SAYS COOPERATION WITH U.S. GOVERNMENT IN INSIDER TRADING PROBE 'NO LONGER UNCONDITIONAL'-LETTER -
SAC Capital won't fully cooperate with government: letter
ReutersNEW YORK (Reuters) - Steven A. Cohen's hedge fund SAC Capital Advisors told investors on Friday it would no longer cooperate "unconditionally" with the U.S. government's insider trading investigation. In a brief letter to investors, the $15 billion hedge...Tags: Elan Corporation Plc, Securities, Steven Cohen, Blackstone Group, L.P., SAC Capital Advisors
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The Harbor Report: Digging Doug's work on the harbor
As I work my way around the harbor each week, I always look for people I would like to emulate. One such person is Doug West, and I have said this before about Doug and his efforts as chairman of the Newport Beach Harbor Commission. He wants to help and...
Tags: Peace Corps, Washington, DC, Ford Motor Co., Michigan State University, City Island
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SEC says new settlements end 'Golden Goose' insider trading case
Reuters* Jamil Bouchareb, Daniel Corbin settle civil cases * Tips said to be misappropriated from PR firm executive May 15 (Reuters) - The U.S. Securities and Exchange Commission on Wednesday said it has reached settlements with the last two defendants in an...Tags: Novartis AG, Lehman Brothers Holdings Inc., Prisons, Electronic Arts Inc., Punishment
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Emails show lobbyists, not insiders, underpinned U.S. market-moving report
ReutersWASHINGTON (Reuters) - The researcher whose report prompted a spike in health stocks last month appears to have relied on lobbyists rather than U.S. government insiders who had direct knowledge of a pending healthcare decision, according to emails...Tags: Washington, DC, Medicare, U.S. Senate, U.S. Senate Committee on Finance, U.S. Securities and Exchange Commission
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PRESS DIGEST-New York Times business news - May 14
ReutersMay 14 (Reuters) - The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy. * A survey by the Pew Research Center suggests the European Union may struggle to...Tags: Elena Kagan, Manhattan (New York City), The New York Times
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Former BlackRock fund manager arrested in insider trading probe
ReutersBy Tommy Wilkes LONDON, May 14 (Reuters) - Asset manager BlackRock said on Tuesday that one of its former employees was arrested in April by City of London police on suspicion of insider dealing. BlackRock did not name the individual but a source...Tags: Mutual Funds, Swiss Confederation, United Kingdom, Police Arrests
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BRIEF-Level Global co-founder Chiasson sentenced to 6-1/2 years prison
ReutersMay 13 (Reuters) - * Level global co-founder anthony chiasson sentenced to 6-1/2 years prison for insider trading -- court hearing * Chiasson also ordered to pay $5 million fineTags: Punishment, Trials
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Level Global co-founder gets 6-1/2 years prison insider trading
ReutersNEW YORK, May 10 (Reuters) - Hedge Fund Level Global Investors LP co-founder Anthony Chiasson was sentenced on Monday to 6-1/2 years in prison for insider trading. At a court hearing in Manhattan, U.S. District Judge Richard Sullivan also ordered...Tags: Mutual Funds, Prisons, Judges, Punishment, Trials
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Letter: Get facts straight on Congress
Regarding a recent letter to the editor, "Congress exempts itself" May 4, the writer is certainly entitled to his own opinions, but not his own facts. It is not OK for members of Congress to participate in insider trading. It never was legal for...Tags: Politics, U.S. Congress, Elections
May 17, 2013
|Column| Los Angeles Times
May 17, 2013
|Story| Reuters
May 17, 2013
|Story| Reuters
May 17, 2013
|Story| Reuters
May 16, 2013
|Story| Daily Pilot
May 15, 2013
|Story| Reuters
May 13, 2013
|Story| Reuters
May 13, 2013
|Story| Reuters
May 14, 2013
|Story| Reuters
May 13, 2013
|Story| Reuters
May 13, 2013
|Story| Reuters
May 12, 2013
|Story| Aberdeen News
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