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23 Dec 2010, 9:07 am
The New York attorney general claims Lehman's auditors aided in fraud by making the bank's books look healthier than they were. [read post]
14 Dec 2006, 5:32 am
Go to Article from Reuters via The New York Post » [read post]
24 Mar 2008, 3:37 am
JPMorgan Chase was in talks on Sunday night for a deal that would quintuple its offer for Bear Stearns, the beleaguered investment bank, in an effort to pacify angry Bear shareholders, the New York Times reported citing people involved in the negotiations. [read post]
11 Aug 2010, 10:51 am
The New York Times (among other sources) reports that General Motors is considering buying AmeriCredit, a subprime financing company that provides auto loans to those unable to find credit from banks, credit unions, and other more traditional sources. [read post]
1 Feb 2010, 8:10 am
On the heels of Latham & Watkins snapping up the bulk of White & Case's banking practice in London, eight more White & Case partners have left the firm to join Latham offices in Abu Dhabi, London, New York, and Riyadh. [read post]
3 May 2012, 1:48 am
Ifeanyichukwu Eric Abakporo and Latanya Pierce have been arrested and charged for allegedly swindling an elderly woman out of her multi-million-dollar property in Harlem, New York, that she had owned for more than 40 years, and then deceiving a bank into giving them a $1.8 million mortgage loan secured by the property. [read post]
24 Sep 2007, 3:58 am
As the First Albany Companies closes the sale of a controlling stake in itself to a private equity firm for $50 million, the investment bank is expected to rename itself and broaden its focus on the middle market, The New York Times reported. [read post]
18 Aug 2011, 7:48 am
O'Connell, 62, Albany, New York, pled guilty on Wednesday, August 17, 2011, to one count of conspiracy to commit bank fraud and mail fraud in connection with his role in a real estate investment fraud scheme. [read post]
26 Jun 2011, 7:20 am
National Australia Bank: Implications for Global Securities Class Actions, by Linda Silberman, New York University School of Law, was recently posted on SSRN. [read post]
18 Feb 2009, 7:18 am
Tracy (Federal Reserve Bank of New York) have posted Housing Busts and Household Mobility on SSRN. [read post]
31 Aug 2016, 5:47 am
Maloney, Democrat of New York, sent a formal request to a slew of federal agencies to share trading data collected in connection with the Volcker Rule. [read post]
22 Jun 2011, 5:26 am
Yesterday’s New York Times contains a discussion entitled A Death Blow to Class Action? [read post]
29 Apr 2009, 4:05 am
The Obama administration is prepared to force Chrysler into bankruptcy by the end of the week unless it gets unanimous consent from a group of banks and hedge funds to retire the automaker's debt, The New York Times's Bill Vlasic reported. [read post]
6 Mar 2009, 2:38 pm
The legal sqabble between Bank of America and New York Attorney General Andrew Cuomo over Merrill Lynch's bonuses continued on Thursday and Friday, as the two sparred over testimony over a former senior Merrill executive. [read post]
14 Oct 2009, 2:21 am
The first criminal trial stemming from the financial panic opened on Tuesday in a courtroom in New York with one overarching question: in this era of foreclosures and bank bailouts, how carefully balanced does a jury have to be to render a fair verdict on financiers? [read post]
31 May 2012, 4:49 am
Sloan School of Management, argues on the Economix blog that Jamie Dimon, the chief executive of JPMorgan Chase, should give up his place on the Federal Reserve Bank of New York, in the wake of the trading debacle. [read post]
26 Oct 2014, 4:59 pm
From The New York Times: For almost 40 years, Carole Hinders has dished out Mexican specialties at her modest cash-only restaurant. [read post]
4 Jun 2012, 4:53 am
Days before shareholders approved Bank of America's purchase of Merrill Lynch in December 2008, top executives were told that the investment firm's losses would most likely hammer future earnings, Gretchen Morgenson reports in The New York Times. [read post]
10 Feb 2012, 12:00 am
Daniel Sokol Rebecca Hellerstein, Federal Reserve Bank of New York asks What Do Drug Monopolies Cost Consumers in Developing Countries? [read post]
22 Feb 2012, 9:58 am
Samuel Zell, chair of Equity Residential, is bidding for a stake in Archstone, a huge, privately held apartment landlord jointly owned by the Lehman Brothers bankruptcy estate, Bank of America and Barclays, reports Terry Pristin of The New York Times. [read post]
