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Reuters(Corrects original deadline for redemptions requests to May 16 in second paragraph) NEW YORK, May 9 (Reuters) - Investors in Steven A. Cohen's SAC Capital Advisors will get a bit more time during the second quarter to decide whether to withdraw money...
ReutersBy Svea Herbst-Bayliss and Katya Wachtel LAS VEGAS, May 8 (Reuters) - Days after reporting some of the industry's deepest losses, hedge fund billionaire John Paulson said investors should stick with managers for the long term and reminded a conference...
Details of financial transactions by members of Congress and thousands of high-level federal workers were supposed to be posted online last month for anyone in the world to see — a key step, supporters of the move said, toward greater transparency...
Former Enron Corp. Chief Executive Jeffrey Skilling reached an agreement with federal prosecutors that could shave 10 years off of his 24-year prison term. Skilling has already served more than 6-1/4 years in prison following his May 2006 conviction by a...
ReutersMay 8 (Reuters) - Jeffrey Skilling, the former Enron Corp chief executive, has reached an agreement with federal prosecutors that could result in his 24-year prison term over the energy company's spectacular collapse being shortened by roughly a decade....
Reuters* Chiasson convicted over trades in Dell, Nvidia * Co-defendant Todd Newman got 4-1/2 years prison May 7 (Reuters) - Federal prosecutors want the co-founder of hedge fund firm Level Global Investors LP to spend as much as 10 years in prison for...
Tags: Judges, Manhattan (New York City), Prisons, FBI, Lawyers
A San Fernando Valley jeweler agreed to plead guilty to a conspiracy charge and return nearly $1.3 million in stock-trading gains he made from allegedly illegal tips provided by a former partner at accounting giant KPMG. Bryan Shaw, 52, of Lake Sherwood...
Tags: Judges, FBI, Scott London, Lawyers, Justice System
ReutersBy Sarah McBride SAN FRANCISCO, May 6 (Reuters) - Silicon Valley is taking itself a tad too seriously, and a few of its shriller residents have taken note. Recent weeks have seen the birth of a few new blogs poking fun at America's crucible of...
Tags: Authors, Startups, Larry Ellison, Sales, Social Media
A San Fernando Valley jeweler has agreed to plead guilty to conspiracy for allegedly making illegal stock trades based on inside information given to him by a KPMG partner. Bryan Shaw, 52, of Lake Sherwood admitted in a plea agreement that he...
Tags: Court Preliminary, KPMG, Judges, Skechers USA Incorporated, FBI
Normally, an academic study as inane as "M&A Confidential: What Happens When Deals Leak" would be dismissed for what it is: a blatant, lame attempt to gin up some public attention for its sponsors. Yet things turned out differently this time — it...
How many of you know that it is once again OK for our congressmen to participate in insider trading? After passing a bill during one of the past few years making it illegal, they quietly passed another bill making it OK for them not to report using...
Reuters* SAC Capital employee loses bid for new judge * Steinberg has pleaded not guilty to five counts By Bernard Vaughan NEW YORK, May 3 (Reuters) - A federal judge has set Nov. 18 for the start of the criminal trial of Michael Steinberg, the most senior...
May 9, 2013 |Story| Reuters
May 8, 2013 |Story| Reuters
May 8, 2013 |Story| Baltimore Sun
May 8, 2013 |Story| Chicago Tribune
May 8, 2013 |Story| Reuters
May 7, 2013 |Story| Reuters
May 7, 2013 |Story| Los Angeles Times
May 6, 2013 |Story| Reuters
May 6, 2013 |Story| Los Angeles Times
May 6, 2013 |Column| Allentown Morning Call
May 4, 2013 |Story| Aberdeen News
May 3, 2013 |Story| Reuters
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