Uncategorized

Big Win for Insider Trading Crusaders

Manhattan U.S. Attorney Preet Bharara got a major win in his crusade against insider trading today with the conviction of hedge fund honcho Raj Rajaratnam on 14 counts of conspiracy and securities fraud. Rajaratnam enriched himself to the tune of $50 million by getting tips from insiders about impending market-moving deals and acting on …

Clash of the Titans: Banks vs. Retailers on Swipe Fees

The biggest fight in Washington that’s probably not on your radar is the slugfest over interchange fee regulation between banks — the pure profit they gain every time you swipe your debit card is an industry golden goose that basically funds all those rewards points, free checking accounts, etc. — and retailers, who primarily bear the …

In The Presence of Donald Trump

“So Michael, what are you doing? Explain. Are you going to do another trash article on Trump?”

This is how Donald Trump greeted me when I entered his Fifth Avenue office last week. It was, to be clear, an entirely friendly …

What Does Paul Ryan’s Plan Do With FinReg?

“I have cautioned our caucus from hyperbole,” Republican Senator Bob Corker told TIME last April. “It’s an intellectual lift to work your way through [financial reform]… Unfortunately it gets debated in pretty broad statements.”

He was commenting on, though not outright rejecting, Republicans’ charge that the “resolution authority” …

  1. 1
  2. ...
  3. 15
  4. 16
  5. 17
  6. ...
  7. 601