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5 May 2010, 8:59 am by Thom Lambert
Dodd was summarizing a New York Times op-ed in which columnist Frank Rich complained about "capitalism’s worst 'innovation' in our own Gilded Age: the advent of exotic, speculative 'investments' that have no redeeming social value and are instead concocted to facilitate gambling for its own sake. [read post]
22 Apr 2010, 11:31 am
" Now, the New York Law Journal reported April 22, the Supreme Court has ruled in favor of consumers. [read post]
19 Apr 2010, 5:11 pm by Steve Bainbridge
District Court for the Southern District of New York, the marketing materials for the CDO known as ABACUS 2007-AC1 (ABACUS) all represented that the RMBS portfolio underlying the CDO was selected by ACA Management LLC (ACA), a third party with expertise in analyzing credit risk in RMBS. [read post]
19 Apr 2010, 2:26 am by Kevin LaCroix
  As the New York Times stated in an article on Sunday, the Goldman Sachs action is the SEC’s "the first big case — but probably not the last. [read post]
9 Apr 2010, 7:01 am by admin
  Two of them are now on the sidelines:   Main rivals Ambac Financial Group Inc. and MBIA Inc. have written virtually no new business in the past year after multiple rating agency downgrades as both struggle with growing mortgage-related losses. [read post]
7 Apr 2010, 2:33 am by admin
Adams, the United States Trustee for the Southern District of New York. [read post]
7 Apr 2010, 2:21 am by Kevin LaCroix
"   Citigroup Mortgage Loan Trust: In an April 6, 2010 order (here), Southern District of New York Judge Leonard Wexler held granted in part and denied in part the motions to dismiss in the lawsuit relating to mortgage-backed securities issued by Citigroup Mortgage. [read post]
6 Apr 2010, 1:58 am by Kevin LaCroix
"   Security Capital Assurance: In a March 31, 2010 order (here), Southern District of New York Judge Deborah A. [read post]
5 Apr 2010, 8:06 am by admin
    DC’s sewer installation, 1894: from the incredibly useful Sewer History Web site (donations requested J )   Today, a significant water line bursts on average every two minutes somewhere in the country, according to a New York Times analysis of Environmental Protection Agency data. [read post]
25 Mar 2010, 6:40 am by Jeff Sovern
by Jeff Sovern I have an op-ed in today's New York Daily News on the placement of the consumer financial protection bureau within the Fed. [read post]
23 Mar 2010, 12:29 pm by David Kravets
Charles Schumer (D-New York) and Sen. [read post]
20 Mar 2010, 9:10 am by Hedge Fund Lawyer
 Forex risk disclosure statement needs to be exactly as stated in the rule.] [read post]
19 Mar 2010, 3:02 am by Kevin LaCroix
In a March 17, 2010 opinion (here), Southern District of New York Judge William H. [read post]
11 Mar 2010, 6:38 pm by Mark Maddox
A December 2009 article in the New York Times first reported the story. [read post]
11 Mar 2010, 7:37 am by David M. Trontz
While the arrests were being made in Miami, FBI agents arrested three alleged members of the Gambino crime family in New York. [read post]