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CORRECTED-SAC Capital investors get more time to mull withdrawals -source
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...Tags: SAC Capital Advisors, Stamford, Mutual Funds, Steven Cohen
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In Sin City, Paulson glosses over his losses - sources
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...Tags: Bankruptcy, Gold and Precious Material, SAC Capital Advisors, Metal and Mineral, Finance
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Federal workers relieved by limits on online disclosures
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...
Tags: Judges, National Government, U.S. Congress, Career and Workplace, Justice System
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Shorter prison sentence for former Enron CEO
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...
Tags: Prisons, Crime, Law and Justice, Justice System
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Former Enron CEO Skilling to have prison term shortened
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....Tags: Prisons, Crime, Law and Justice, Punishment, Justice System
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U.S. seeks up to 10 years prison for Level Global's Chiasson
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
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Jeweler agrees to plead guilty in KPMG insider-trading case
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
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In Silicon Valley, snarky blogs make a comeback
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
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Jeweler agrees to plead guilty in KPMG insider-trading case
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
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Naive study ignores that mergers and acquisitions are good
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...Tags: Mergers, Acquisitions and Takeovers, Goldman Sachs Group, Inc., Banking, Arbitration, CNBC (tv network)
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LETTER: Congress exempts itself
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... -
Insider-trading trial of SAC Capital's Steinberg to start Nov. 18
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...Tags: Manhattan (New York City), Judges, SAC Capital Advisors, Lawyers, Mathew Martoma
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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