| Oct 24, 2013
| 6:24 PM
Jamie Dimon, arguably the nation's most powerful banker, has navigated intense scrutiny from Congress, the White House and regulators around the globe.
But it's a federal prosecutor in Sacramento, far from the world's financial and political capitals,...
| Oct 10, 2013
| 2:59 PM
California Atty. Gen. Kamala D. Harris filed a lawsuit Thursday against Corinthian Colleges Inc. and its subsidiaries, accusing the company of false and predatory advertising, securities fraud and intentional misrepresentations to students.
| Oct 8, 2013
| 11:35 PM
A California man has been indicted by a federal grand jury on charges of securities fraud in connection with the Walt Disney Co.'s $4-billion acquisition of Marvel Entertainment.
Toby G. Scammell, 28, allegedly learned confidential details of the...
| Sep 26, 2013
| 9:03 AM
The Securities and Exchange Commission will shift course and focus on individuals' misconduct before targeting the companies they work for, the agency's chairwoman, Mary Jo White, said Thursday.
"Individuals tempted to commit wrongdoing must...
| Sep 18, 2013
| 11:19 AM
WASHINGTON -- Federal Reserve policymakers unexpectedly voted Wednesday not to alter one of the central bank’s key economic stimulus programs.
The move defied market expectations that the Fed would begin tapering its monthly purchases of $85...
| Sep 19, 2013
| 5:32 PM
NEW YORK — JPMorgan Chase & Co. has made a rare declaration for Wall Street: The nation's biggest bank admitted it broke the law.
The financial giant acknowledged Thursday that it violated securities laws and agreed to pay fines of $920 million as...
| Sep 12, 2013
| 4:08 PM
A federal judge in San Francisco said Thursday that he would toss out a lawsuit challenging a plan by Richmond, Calif., to seize underwater mortgages and write down their balances, agreeing with the city that the lawsuit is premature.
| Sep 6, 2013
| 9:29 PM
Everybody wants to see the perpetrators of the financial crisis punished, but you have to feel a little sorry for Standard & Poor's, the credit rating firm being sued by the federal government for its role in the disaster.
S&P clearly has its back to...
| Aug 23, 2013
| 10:54 AM
WASHINGTON -- Sen. Mark Warner on Friday called on the Securities and Exchange Commission to conduct a "thorough investigation" of the Nasdaq Stock Market's three-hour trading outage.
Warner (D-Va.), a member of the Senate Banking Committee, said...
| Aug 19, 2013
| 3:44 PM
NEW YORK -- A major Wall Street figure did something unusual in a settlement with the country's top securities regulator: admit he did something wrong.
Philip Falcone, a billionaire who runs the hedge fund Harbinger Capital Partners, must admit...
| Aug 19, 2013
| 10:32 AM
When the Department of Water and Power tried to prevent City Hall from filling the utility’s payroll and burdening its retirement fund with about 1,400 uninvited workers, was it standing up against securities fraud? Or simply throwing a “...