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The Rakoff Decision: The SEC Will Be Changed Forever
247wallst.com - 9/15/2009
The Rakoff Decision: The SEC Will Be Changed Forever
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Federal District Judge Jed S. Rakoff was supposed to a approve a $33 million settlement between the SEC and Bank of America (BAC) over the issue of the financial firm making inaccurate statements regarding Merrill Lynch employee compensation. These statements were made in the B of A proxy that ...
Bernie Madoff Tape Reveals Ponzi Scammer Talking About SEC
abcnews.go.com - 9/10/2009
Bernie Madoff Tape Reveals Ponzi Scammer Talking About SEC
— abcnews.go.com — A new audio recording, obtained exclusively by ABC News, reveals Bernie Madoff carefully coaching a witness who... was about to be interviewed about the Ponzi scammer's fraudulent investment firm, advising him that he could outsmart lawyers from the ... (more) Bernie Madoff Tape Reveals Ponzi Scammer Talking About SEC

Comments vote down DealBook found this 9/10/2009found this
S.E.C. Settlement With Bank Over Merrill Bonuses Is Rejected
nytimes.com - 9/15/2009
S.E.C. Settlement With Bank Over Merrill Bonuses Is Rejected
— nytimes.com — Judge Jed S. Rakoff accused Bank of America and the S.E.C. of making a settlement absolving them... of further responsibility. (more) S.E.C. Settlement With Bank Over Merrill Bonuses Is Rejected

Comments vote down Economist's View found this 9/15/2009found this
reuters.com - 9/18/2009
SEC rules take aim at credit rating agencies
— reuters.com — Karey Wutkowski WASHINGTON (Reuters) -Credit agencies will have to disclose more of their ratings history, and creators... of financial products will have to share data with all credit raters, under rules adopted by U.S. regulators on Thursday. The U.S. ... (more) SEC rules take aim at credit rating agencies

Comments vote down Dealbreaker found this 9/18/2009found this

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Abnormal Returns:  Tuesday links: breathless breadth

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Tuesday links: breathless breadth
Abnormal Returns — ... Return+Alpha) What’s going right out there?  (Aleph Blog) “That means the dollar has added “carry trade currency” to its other titles: safe haven and world’s reserve currency.”  (The Stash) Thought the Bank of America (BAC)-Merrill Lynch controversy was over? Think again.  (Deal Journal, 24/7 Wall St.) Citigroup (C) wants to get out ...

Related: rakoff decision bank of america + merrill lynch, judge rakoff sec bank of america, federal district judge rakoff, sec financial-tracking million
Rakoff Order in BofA Case: Game-Changer?
securitiesdocket.com 9/16/2009 — On Monday, Judge Jed Rakoff issued his order rejecting the proposed $33 million settlement of the SEC case against Bank of America. The order raises numerous issues for the SEC such as whether it must now amend its case to include individual defendants, and whether it will now take the case to ...
WSJ Video: Judge Says BofA-SEC Settlement Suggests Collusion
securitiesdocket.com 9/15/2009 — Jess Bravin of the WSJ breaks down U.S. District Court Judge Jed Rakoff’s decision to reject the proposed $33 million settlement between the SEC and Bank of America.
Copy of Judge Rakoff’s Order Rejecting SEC-BofA Settlement
feedproxy.google.com 9/16/2009 — A copy of U.S. District Judge Jed Rakoff’s Memorandum Order rejecting the proposed $33 million settlement between the SEC and Bank of America is available here . Read Judge Rakoff’s order in SEC-BofA settlement .
Judge Rakoff Rejects BofA-SEC Settlement, Sets Feb. 1 Trial Date
securitiesdocket.com 9/14/2009 — U.S. District Judge Jed S. Rakoff today rejected the proposed settlement between the SEC and Bank of America Corp. The WSJ reports that Judge Rakoff set a February 1 trial date for the SEC’s lawsuit. In an order issued today, Judge Rakoff ruled that “even upon applying the most ...
FOX Business Video: SEC to Roll Out New Employee Compliance Software
securitiesdocket.com 9/17/2009 — Fox Business interviews Tony Turner, Managing Principal of Financial Tracking Technologies, about his company’s employee ethics software that has been selected for use by the SEC. The software is intended to (1) permit SEC employees to submit pre-trade requests for approval, (2) provide ...
SD Video: Analysis of the Court’s Rejection of the SEC-BofA Settlement
securitiesdocket.com 9/15/2009 — Peter Henning and David Seide joined Securities Docket editor Bruce Carton to analyze Judge Jed Rakoff’s order yesterday rejecting the proposed $33 million settlement between the SEC and the Bank of America. Peter Henning is a professor at Wayne State University Law School, and a former ...
24/ Wall St. TV: Rakoff Decision=The SEC Will Be Changed Forever — 24/7 Wall St.
Federal District Judge Jed S. Rakoff was supposed to a approve a $33 million settlement between the SEC and Bank of America (BAC) over the issue of the financial firm making inaccurate statements regarding Merrill Lynch employee compensation. These statements were made in the B of A proxy that ...
Bank Of America (BAC) And The SEC: No Justice, No Peace — 24/7 Wall St.
Federal District Judge Jed S. Rakoff was supposed to a approve a $33 million settlement between the SEC and Bank of America over the issue of the financial firm making inaccurate statements regarding Merrill Lynch staff compensation. These statements were made in the BAC proxy that was sent to ...
More Wall Street And Washington Incest — Daily Markets
The other day I saluted Judge Jed Rakoff for exposing the embedded hypocrisy and contrivance in the $33 million settlement paid by Bank of America (BAC) to the SEC. Why don’t we have more judges with the courage and integrity to expose the incestuous nature of the Wall Street-Washington ...
SEC Argues Kmart’s Conaway Should Pay $24 Million Fine — Securities Docket
A lawyer for the SEC told U.S. Magistrate Judge Steven Pepe today that former Kmart Corp. CEO Charles Conaway should pay a fine of about $24 million for misleading shareholders in the months before the retailer filed for bankruptcy in 2002. Bloomberg reports that at a hearing today on ...
US District Judge Jed Rakoff Indicts The Wall Street-SEC Incest — Daily Markets
Will the American public ever truly know what happened in December 2008 when Bank of America (BAC) shareholders’ interests were neglected by BofA’s management in completing its takeover of Merrill Lynch? Capitalism took a back seat to the supposed needs of financial expediency as ...
Will Bank Of America vs. The SEC Ultimately Be Uncle Sam vs. Aunt Samantha? — Daily Markets
Will the ruling highlighted in my initial post this morning, “Judge Jed Rakoff Indicts the Wall Street-SEC Incest”, ultimately pit one arm of Uncle Sam against another, or to coin a phrase, pit Uncle Sam vs. Aunt Samantha? How so? Would Bank of America (BAC) CEO Ken Lewis under ...