Stories tagged with SEC
SEC presses Elliott Broidy for info in pension fund probe
By A. James Memmott | October 3, 2009 at 10:14am | 0
The Securities and Exchange Commission has turned up the heat on a major Republican fundraiser Elliott B. Broidy.
The mysterious life and death of Danny Pang
By A. James Memmott | September 15, 2009 at 8:29am | 0
The story of Danny Pang, a West Coast money manager charged with conducting a massive Ponzi scheme, took a dramatic and mysterious turn with his death last weekend.
Company and four individuals charged in Madoff swindle
By Laurie Bennett | June 23, 2009 at 7:30am | 0
The SEC filed suit Monday against a New York company and four individuals, accusing them of feeding billions to Bernard Madoff’s Ponzi scheme.
SEC charges Mozilo and 2 other former Countrywide execs
By Ric Bohy | June 5, 2009 at 10:01am | 0
The SEC has charged three former top executives of Countrywide Financial Corp. with deliberately deceiving investors
SEC sues money-fund manager Bruce Bent
By A. James Memmott | May 8, 2009 at 10:31am | 2
A man who fundamentally changed the nature of investing in this country has been accused of misleading investors last year.
Former SEC enforcer Linda Thomsen joins the defense
By A. James Memmott | April 15, 2009 at 11:42am | 1
Linda Chatman Thomsen, who took heat for the Securities and Exchange Commission’s failure to detect Bernard L. Madoff’s ongoing fraud, is returning to private practice with her former law firm.
Khuzami, a GOP supporter, brings strong background to SEC
By A. James Memmott | February 25, 2009 at 10:38am | 0
Robert Khuzami’s experience as a prosecutor of terrorists and white-collar criminals would seem to trump his political preferences.
Stanford’s ties to Madoff helped sink him
By Carol Eisenberg | February 22, 2009 at 11:03am | 0
It was Bernard Madoff’s financial meltdown that helped implicate R. Allen Stanford, the flamboyant Texas billionaire accused of defrauding investors of $8 billion.
Madoff agrees to partial settlement of civil case
By Laurie Bennett | February 9, 2009 at 5:03pm | 1
Bernard Madoff and the Securities and Exchange Commission have agreed to a partial settlement of civil suit accusing Madoff of defrauding investors.
Bernard Madoff cultivated ties to the Washington establishment
By Carol Eisenberg | December 16, 2008 at 10:01am | 0
The Wall Street trader who engineered what may be the largest scheme in history to defraud investors spent nearly $1 million to lobby lawmakers and members of the Securities and Exchange Commission.
Inspector General Kotz gets expert help on his SEC audit
By Gary Jacobson | September 28, 2008 at 12:03pm | 0
Using expert consultants is common in business and government. SEC Inspector General David Kotz used one in his report that slams the agency for missing numerous red flags that foreshadowed the collapse of Bear Stearns.
SEC’s Christopher Cox vows to finish Bush term, despite McCain criticism
By A. James Memmott | September 20, 2008 at 12:40pm | 1
Finding a scapegoat within his own party, Republican Sen. John McCain said Thursday that if he were president he would fire Christopher C. Cox, the chairman of the U.S. Securities and Exchange Commission.
Directors stay the course at Washington Mutual
By Gary Jacobson | December 29, 2007 at 8:53am | 3
Difficult times for a company mean difficult times for its board of directors.
And these certainly are difficult times for Washington Mutual, the nation’s largest savings and loan.
Because of losses related to subprime mortgage lending, the Seattle-based firm has closed operations, cut jobs, slashed its dividend, and watched the price of its stock plummet to its lowest level in more than 11 years, closing Friday at $13.07.
SEC chairman defends record
By Muckety | June 27, 2007 at 4:55pm | 0
Does the Securities and Exchange Commission favor business over investors?
Absolutely not, says chairman Chairman Christopher Cox, a former free-market Republican congressman.
