Posts Tagged ‘Preet Bharara’
Posted by Larry Doyle on September 24th, 2013 9:12 AM |
News breaks in the past 24 hours that one of Wall Street’s largest traders, “Stevie-boy” Cohen of SAC Capital, is now looking to cut a deal with the Feds. Is the heat in Stevie’s kitchen getting a little too hot?
As Bloomberg Businessweek reminds us:
After a multiyear investigation conducted by the U.S. Attorney’s Office, the FBI, and the Securities and Exchange Commission, a grand jury indicted SAC Capital on July 25, accusing the firm of fostering a culture where employees engaged in rampant securities fraud.
Now Stevie wants to play Let’s Make a Deal. (more…)
Tags: insider trading at SAC Capital, Let's Make a Deal, Preet Bharara, SAC, SAC Capital, should Feds settle with Stevie Boy Cohen, should Steve Cohen get to settle charges, Steve Cohen
Posted in General, insider trading, Preet Bharara | 17 Comments »
Posted by Larry Doyle on May 7th, 2013 8:03 AM |
Early last year, the US Attorney for the Southern District of New York, Preet Bharara, in alluding to activities within the hedge fund community asserted that insider trading was rampant and routine. Strong words.
Fast forward a year and a recent survey of those within the hedge fund world unsurprisingly shows that a host of issues remain, and that the “findings are troubling.” Let’s navigate and review the results of this recent survey: (more…)
Tags: Hedge Fund Association, hedge fund compensation model, hedge fund incentives, hedge fund model, hedge fund survey, Hedge Funds, HedgeWorld, Labaton Sucharow, Lara Block, navigate accordingly, Preet Bharara
Posted in General, Hedge Funds | 2 Comments »
Posted by Larry Doyle on March 22nd, 2012 5:31 AM |
The penalties handed out by NFL Commissioner Roger Goodell to the coaches and executives of the New Orleans Saints organization for the bounty program practiced down on the bayou were perhaps the stiffest in the history of the game.
Goodell has shown himself to be a no-nonsense individual cut from the mold of Kenesaw Mountain Landis. Goodell is clearly focused on protecting the sport, and knows that any program which promotes an intent to injure renders modern day football to little more than barbarism. (more…)
Tags: Albert Loewenthal, Barack Obama, Ben Bernanke, Brian Moynihan, Chuck Schumer, Darrel Issa, Eric Holder, Greg Williams, James Gorman, Jamie Dimon, Jim Himes, Jon Corzine, Judge Kenesaw Mountain Landis, justice on Wall Street, Lloyd Blankfein, Mary Schapiro, New Orleans Saints, penalties for New Orleans Saints, penalties on Wall Street, Preet Bharara, Richard Blumenthal, Richard Ketchum, Robert Khuzami, Roger Goodell NFL Commissioner, Sean Payton, Spencer Bachus, the integrity of the game, Timothy Geithner
Posted in General | 2 Comments »
Posted by Larry Doyle on February 25th, 2012 9:07 AM |
Four full months have passed and MF Global customers are still out a reported ~$1.6 billion.
How are these individuals and entities surviving? Will they ever see a return of their funds? Will the public ever learn what truly happened in those fateful days and hours when this firm went down the tubes?
Don’t hold your breath.
In a not unsurprising manner, we receive word on a late Friday afternoon that the investigation into the MF Global demise may be little more than a case of sloppy controls and compliance. Is this to be believed? (more…)
Tags: Charlie Gasparino Fox Business, Charlie Gasparino MF Global, Corzine relationships on Wall Street and in Washington, criminal acts at MF Global, Edith o' Brien MF Global assistant treasurer, grand jury for MF Global, immunity for Edith O' Brien, Jon Corzine, JP Morgan MF Global, Larry Doyle, MF Global compliance, MF Global Customer funds, MF Global customers, MF Global demise, MF Global investigation, Preet Bharara, sloppy bookkeeping at MF Global, what really happened at MF Global
Posted in General, MF Global | 10 Comments »
Posted by Larry Doyle on January 19th, 2012 1:15 PM |
As much as Wall Street is the center of the financial services industry, it is really a simple business that revolves around people and information.
That basic reality makes this business so fascinating. The personalities, the pace, the flow of data, and ultimately the interaction between counterparties make everyday a fascinating experience.
In order for Wall Street to thrive, though, and for our markets and economy to prosper, there needs to be a premise and a pursuit of fair dealing on a level playing field. (more…)
Tags: insider trading on Wall Street, perfect hedge, Preet Bharara
Posted in General, insider activity, insider trading | 7 Comments »
Posted by Larry Doyle on January 9th, 2012 7:09 AM |
Later this month, Northwestern Law will be hosting its 39th Annual Securities Regulation Institute in Coronado, California. In light of everything that has occurred on Wall Street and in Washington, one might think this could be a lively conference as it looks to provide:
A timely analysis of recent laws and developments in the corporate and securities law fields presented by senior SEC officials and leading practitioners.
While reviewing the conference invitation, I am particularly intrigued by one workshop to be held on Friday morning, January 20th. What is this workshop? Who is involved? Why am I so intrigued? Please stick with me here as we preemptively try to connect some dots.
(more…)
Tags: 39th Annual Securities Regulation Institute, 39th Annual Securities Regulation Institute in Coronado, Art Samberg and Pequot, California, Darcy Flynn whistle-blowing, Does the SEC protect whistleblowers, Enforcement and Criminal Investigations, Gary Aguirre, Madoff SEC, Mary Jo White, matt taibbi, Northwestern Law, Preet Bharara, regulatory capture, Richard H. Walker, Richard H. Walker General Counsel Deutsche Bank, Robert Khuzami, SEC, SEC Director of Enforcement Robert Khuzami nf, SEC Senior Staff Workshop, Securities Regulation Institute, Stanford SEC, Stephen M. Cutler, whistle-blowers, whistleblowing, who protects whistleblowers
Posted in General | 13 Comments »
Posted by Larry Doyle on June 28th, 2011 9:52 AM |
While America clearly needs real change in terms of how our financial and political systems operate and interact, regrettably we continue to suffer from the fact that, “the more things change, the more they truly stay the same.”
We hear plenty from Tim Geithner, Mary Schapiro, and Jamie Dimon. We really need to hear more from Sheila Bair (highlighted this morning at Sense on Cents), Gary Aguirre, and Bill Cohan.
While regular readers of Sense on Cents may be familiar with Bair and Aguirre, Cohan has received less attention here. I will look to change that. (more…)
Tags: Bill Cohan Bloomberg commentary June 28 2011, Bill Cohan Bloomberg contributing editor, Bill COhan hits Wall Street fat cats, Bill Cohan interview on Bloomberg June 28 2011, Obama collects $2.4 million from Wall Street fat cats, Obama dinner at Daniel, Obama Serves Lobster and Beets not Justice to Fat Cats, Obama Wall street dinner, Preet Bharara, prosecution of Fabrice Tourre, prosecution of Raj Rajaratnam, RICO, Sense on Cents Hall of Fame, Sheila Bair Gary Aguirre Bill Cohan, the more things change the more they stay the same, Tim geithner Mary Schapiro Jamie Dimon, Wall Street Racket, who is Bill Cohan
Posted in General | 1 Comment »
Posted by Larry Doyle on May 11th, 2011 3:34 PM |
There are few Americans in our nation today who have displayed a greater degree of integrity and character than Gary Aguirre.
Gary who?
Gary Aguirre is a former SEC attorney who sued and settled with the SEC for wrongful termination. After departing the SEC he continued to pursue the case which brought Art Samberg of Pequot Capital to his knees.
I highlighted Gary Aguirre, that case, and much more last December in writing, Connecting the Dots: The US Attorney, The SEC, Art Samberg, Pequot Capital, Hush Money, Lying and More. Today we hear from Mr. Aguirre. (more…)
Tags: abuse of capitalism, Gary Aguirre Art Samberg Pequot Capital John Mack, gary Aguirre comments on insider trading on Wall Street, Gary Aguirre comments on raj Rajaratnam verdict, Gary Aguirre comments on Wall Street insider trading scandal, gary Aguirre Congressional testimony, Gary Aguirre David Zilkha hedge funds insider trading, Gary Aguirre hedge funds, Gary Aguirre press release, hedge funds insider trading, insider trading scandal on Wall Street, integrity in the markets, Preet Bharara, Robert Khuzami
Posted in General, insider trading | 1 Comment »
Posted by Larry Doyle on December 27th, 2010 12:22 PM |
This commentary and attached story are a little lengthy but very important. I hope you will take the time to read, review, and share. LD
Is it possible that our nation can experience a historic demise in our economy and markets with little if any criminal activity involved in that process? Was our economic and market meltdown largely ‘a perfect storm’?
I do not buy those who would put forth that line of reasoning. Nor do I think should you.
Does it defy logic to think that our nation has been hit with trillions of dollars in losses and untold economic pain but only a relative handful of individuals were involved in criminal behaviors connected to this turmoil? Yes, that does defy logic.
Where are the criminal prosecutions? (more…)
Tags: a perfect storm, Art Samberg David Zilkha, Art Samberg hush money, Art Samberg Pequot scandal, Attorney General Eric Holder i, Bharara perjury, coordination among financial regulators c, criminal prosecutions from financial meltdown, Dodd-Frank whistleblower language, DOJ Pequot, Dr. Glen Kaiser Pequot Zilkha t, financial crimes, financial perfect storm, financial prosecutions, financial storm, Gary Aguirre Pequot, Gary Aguirre Pequot Samberg DOJ SEC Bharara, Goldman Sachs fine for Abacus, insider trading, insider trading Art Samberg, insider trading scandal, interaction between SEC and DOJ, John Cannallis of the SEC's New York Office, John Mack Art Samberg Pequot Capital, Karen Zilkha, Martha Stewart, Mary Schapiro, minor Ponzi schemes, MSFT options Pequot, Operation Broken Trust, Pequot insider trading of Microsoft, POGO, POGO Danielle Brian, POGO SEC Describes Possible Criminal Activity in Major Unprosecuted Hedge Fund Case, Preet Bharara, Project on Government Oversight Michael Smallberg, Rob Johnson, Robert Khuzami, Samberg hush money Zilkha, SEC, SEC fine of Goldman Sachs, SEC Lauren riser, SEC lawyer Mike Foster, Securities and Exchange Commission, Senator Charles grassley POGO Department of Justice, stock fraud crackdown, tell the truth, the need to tell the truth, unprosecuted cases, US Attorney Preet Bharara, US Attorney's Office for the Southern District, Wall Street abuses, Wall Street criminals, Wall Street-Washington incest, who has been prosecuted from financial demise, who is Dan Hurson, who is David Zilkha, William K. Black, Zilkha insider tips
Posted in General | 8 Comments »
RSS Feed
Twitter
Facebook
Email
Home
Bill Cohan: Wall Street’s “Sins of Omission Were Criminal in Nature”
Posted by Larry Doyle on June 28th, 2011 9:52 AM |
We hear plenty from Tim Geithner, Mary Schapiro, and Jamie Dimon. We really need to hear more from Sheila Bair (highlighted this morning at Sense on Cents), Gary Aguirre, and Bill Cohan.
While regular readers of Sense on Cents may be familiar with Bair and Aguirre, Cohan has received less attention here. I will look to change that. (more…)
Tags: Bill Cohan Bloomberg commentary June 28 2011, Bill Cohan Bloomberg contributing editor, Bill COhan hits Wall Street fat cats, Bill Cohan interview on Bloomberg June 28 2011, Obama collects $2.4 million from Wall Street fat cats, Obama dinner at Daniel, Obama Serves Lobster and Beets not Justice to Fat Cats, Obama Wall street dinner, Preet Bharara, prosecution of Fabrice Tourre, prosecution of Raj Rajaratnam, RICO, Sense on Cents Hall of Fame, Sheila Bair Gary Aguirre Bill Cohan, the more things change the more they stay the same, Tim geithner Mary Schapiro Jamie Dimon, Wall Street Racket, who is Bill Cohan
Posted in General | 1 Comment »