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Weekend reading: Full report on SEC's Madoff mess
Money & CompanyNow available on the Securities and Exchange Commission???s website: the full 457-page report by the SEC???s inspector general on how the agency repeatedly failed to detect Bernie Madoff???s 16-year-long Ponzi scheme. One theme of the report, as... -
Jerry Brown joins the credit rating firm pile-on
Money & CompanyIs there an easier target today than the credit-rating firms that helped bring us the subprime mortgage catastrophe? Under siege by Congress, the Securities and Exchange Commission and angry investors, the major rating companies -- Standard & Poor???s,... -
Santa Ana investment firm owner is accused of fraud
L.A. NOWFederal prosecutors have charged the owner of a Santa Ana investment firm with mail and securities fraud in an alleged Ponzi scheme that bilked more than $6.2 million from two dozen victims, the U.S. attorney's office in Los Angeles said...... -
Michael Hiltzik: How to kill a securities market
Money & CompanyMost people can accept stock market downturns if they're tied somehow to the natural ebb and flow of market sentiment and the underlying economy. Strike that -- almost nobody accepts losing money in the stock market. But at least when...... -
Washington weighing in on market turmoil, looking for answers
Money & CompanyPresident Obama said government officials were looking closely into Thursday's "unusual market activity," pausing as he touted Friday's positive job growth news to express concern about the impact of Wall Street's turmoil and growing fears about Europe'... -
Sid Ganis, David Maisel, other Marvel top brass making millions on Disney acquisition
Company TownWhile it will likely be years before we know if Walt Disney Co.'s deal to buy Marvel Entertainment pays off for Bob Iger and Disney shareholders, several Marvel officers and board members will have to wait only a couple of...... -
Wall Street Roundup: Employment numbers. Bank investigations everywhere
Money & CompanyGood employment news. The number of people filing for unemployment benefits declined again, though only slightly, the Labor Department reported. Bank investigations everywhere. A few weeks after reporting that Goldman Sachs was under criminal... -
Sex makes the financial meltdown more understandable
Opinion L.A.Amid the rubble of credit default swaps, AAA-rated mortgage-backed securities and other such not-so-easily-understood financial miscreants, we finally have a villain in this mess most of us can appreciate, and perhaps even an explanation for how Bernie... -
Secretary to top Disney executive arrested
Company TownWalt Disney Co. was rocked Wednesday by the arrest of an aide to a top executive there on charges of conspiracy to commit securities fraud. Bonnie Jean Hoxie, a secretary for Zenia Mucha, corporate spokeswoman for Disney, was arrested along...... -
SEC a sloth on crime? Not in this case
Money & CompanyThe Securities and Exchange Commission, forever criticized for being too slow to ferret out Wall Street crime, reacted with lightning speed this week to signs of insider trading ahead of a big merger deal. The agency today charged a Texas...... -
How not to design a pump-and-dump stock scheme
Money & CompanyThere often is some degree of subtlety in illicit efforts to manipulate stock prices. But in a suit the Securities and Exchange Commission filed Thursday, the agency alleges that an East Coast stockbroker issued blatantly phony press releases about... -
Fed keeps 'extended period' pledge on low rates
Money & CompanyFederal Reserve policymakers stayed with the status quo today, saying in their post-meeting statement that they expected to keep short-term interest rates low "for an extended period." That had been the big mystery surrounding the Fedâs meeting --...
Sep 17, 2009
| Los Angeles Times
Sep 18, 2009
| Los Angeles Times
Aug 6, 2010
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May 8, 2010
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May 7, 2010
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Sep 23, 2009
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May 13, 2010
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Apr 23, 2010
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May 26, 2010
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Sep 23, 2009
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Oct 23, 2009
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Nov 4, 2009
| Los Angeles Times
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