informationarbitrage.com - 1/6/2009
—
So much promise, so many risks. This is how 2009 is shaping up. While euphoria surrounding the Obama Administration's fiscal stimulus plans will drive the markets early in the year, I believe this rally will lose steam as massive deficit spending begins to shine a light on the greatest risk ...
online.wsj.com - 1/5/2009
—
online.wsj.com —
KARA SCANNELL Bernard L. Madoff Investment Securities LLC
was examined at least eight times in 16 years
by the Securities and Exchange Commission and other regulators, who often came armed with suspicions. SEC officials followed up on emails from a ...
(more)
Madoff Chasers Dug for Years, to No Avail
bloomberg.com - 1/3/2009
—
bloomberg.com —
Jan. 2 (Bloomberg) -- U.S. regulators working to
untangle Bernard Madoff ’s alleged $50 billion Ponzi scheme
are probing other money managers suspected of using similar tactics, two people with knowledge of the inquiries said. The U.S. Securities and ...
(more)
SEC Said to Examine More Ponzi Schemes After Madoff ...
reuters.com - 1/5/2009
—
reuters.com —
Jan 5 (Reuters) - Bernard L. Madoff Investment
Securities LLC was examined at least eight times in
16 years by the U.S. Securities and Exchange Commission (SEC) and other regulators, who often came armed with suspicions, the Wall Street Journal said. ...
(more)
U.S. regulators probed Madoff eight times over 16 ...
Comments
Blog Reactions
Further reading
FT Alphaville —
... - “While euphoria surrounding the Obama administration’s fiscal stimulus plans will drive the markets early in the year, I believe this rally will lose steam as massive deficit spending begins to shine a light on the greatest risk facing the US: debasement of the currency”. - Arrp, Zirp, Tarp etc… what works and what doesn’t ...
Tuesday links: high yield streaks
Abnormal Returns —
... “An explosion in illiquid asset trading” and other (excellent) insights into 2009. (Information Arbitrage) ...
Readings: In store for 2009, Fed’s All In, Stimulating India
GalaTime —
Information Arbitrage: Some Thoughts on 2009
The hedge fund industry “barbell” will only become more pronounced. I started writing about this in mid-2006, where I posited that the middle of the hedge fund industry would be squeezed. This has been borne out over the past few years, and represents a trend that will continue unabated in 2009. Institutions are redeeming out of funds large and small, but the largest funds will survive. Between sheer mass, long-term investor ...
Related Content
America's Fear of Competition
tbm.thebigmoney.com 1/24/2009 — Although everybody claims to love the market, nobody really likes the rough-and-tumble of competition that produces the essential "creative destruction" of capitalism. At bottom, this abhorrence of competition and change are the common theme that ...
SEC looks to reassure investors
(Reuters)
news.yahoo.com 2/8/2009 — Reuters - Securities and Exchange Commission officials looked to reassure investors on Friday that they would reinvigorate the agency's policing of Wall Street, improve the quality of credit ratings and said they expect to bring more cases against ...
How the New SEC Enforcement Director Can Help Restore Investor Confidence
securitiesdocket.com 4/14/2009 — by Bruce Carton
Robert Khuzami began his new job as director of the Enforcement Division at the Securities and Exchange Commission on March 30. His arrival marks the first change in leadership for the Enforcement Division since 200
Khuzami joins the SEC from Deutsche Bank AG in New York, ...
SEC Skipped Normal Inspection of Madoff Hedge Fund
nakedcapitalism.com 12/14/2008 — So how did Madoff get away with his $50 billion fraud? Time will tell when and how it started, although I'd hazard the dot com bust. Madoff may have been unwilling to report losses, and assumed (initially) that no one would be hurt if he fibbed if ...
SEC Heal Thyself: Compliance Program Revamped
securitiesdocket.com 6/9/2009 — The Securities and Exchange Commission just hasn’t had enough bad news recently, so last month the media piled on even more: a probe of insider-trading allegedly going on inside the SEC.
Specifically, the agency’s inspector general has found evidence of “suspicious activity, appearances of ...
Today’s Testimony of SEC Chairman Mary Schapiro Before Senate Subcommittee
securitiesdocket.com 6/2/2009 — Today, SEC Chairman Mary Schapiro testifies before the U.S. Senate Committee on Appropriations’ Subcommittee on Financial Services and General Government. A copy of her prepared testimony is available here. Key sections of her testimony are laid out below:
»»REINVIGORATING SEC ...
SEC Self-Funding: The Time Has Come
feedproxy.google.com 9/9/2009 — B. Carton
As I argued in this column last month, the Securities and Exchange Commission budget has been well below where it should be for several years. This shortfall has caused the SEC to suffer a 10 percent reduction in staff and a cut of more than 50 percent in its new technology ...
Specialization Key to SEC Enforcement Division Overhaul
securitiesdocket.com 5/5/2009 — by Bruce Carton
In a column last month, I noted the arrival of a new Securities and Exchange Commission enforcement director, Robert Khuzami (pictured below). I suggested that Khuzami had to hit the ground running and discussed the flood of suggestions from within the SEC and from the outside ...
Follow WallStreetBlips on Twitter
