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16 Jan 2012, 12:05 am by Kevin LaCroix
In this and some of the other high profile credit crisis cases – Citigroup; the BofA/Merrill Lynch merger case; Bear Stearns; AIG – it will be very interesting to see how the likely settlements of these cases will unfold. [read post]
14 Jan 2012, 12:51 pm by Mandelman
  I was born and raised in the Northeast… born in Manhattan… father’s family from Boston with too many Harvard grads to count… and I grew up in Pittsburgh. [read post]
More recently, the failure of financial stalwarts like Lehman Brothers, Bear Stearns and AIG nearly pushed our markets to the brink of collapse. [read post]
10 Jan 2012, 1:27 pm
Waxman, Subcommittee Chairman Cliff Stearns, Ranking Member Diana DeGette, Subcommittee Chairman Joseph R. [read post]
9 Jan 2012, 12:58 am by Kevin LaCroix
Thus, for example, the dismissal motions were denied in the Lehman Brothers case (about which refer here), in the Bear Stearns case (here), in the BofA/Merrill Lynch merger case (here), as well as in the Citigroup case (here), the AIG case (here) and the Washington Mutual case (here). [read post]
30 Dec 2011, 12:10 pm by Marylee Abrams
There is a public uproar in Minnesota about a Stearns County Deputy having received over $200,000.00 in salary and benefits, while facing 22 felony counts of criminal sexual conduct with minors. [read post]
24 Dec 2011, 2:00 am by Mandelman
Originally posted in December of 2009… how tragic is that? [read post]
23 Dec 2011, 1:59 am
Cliff Stearns, R-FL, who chairs the Oversight and Investigations Subcommittee.NICEMike Taylor, deputy Food and Drug Administration commissioner for food, is this administration's go-to guy for information on the FDA's implementation of the new Food Safety Modernization Act. [read post]
15 Dec 2011, 4:34 am by Broc Romanek
D&O Insurance: "Disgorgement" Paid in SEC Settlement Not Covered Check out this recent blog from Kevin LaCroix on his "D&O Diary Blog" where the "New York Supreme Court, Appellate Department, First Division, held that amounts Bear Stearns paid in settlement of SEC late trading and market timing allegations represented a disgorgement that is not covered under its insurance program. [read post]
14 Dec 2011, 10:52 am by Stephen D. Rosenberg
It happened again here, in this case involving whether insurers have to cover Bear Stearns’ consent decree and disgorgement related to securities trades, with the court, as explained in this article here, finding that there was no coverage. [read post]
14 Dec 2011, 12:51 am by Kevin LaCroix
  Background In 2006, the SEC notified Bear Stearns that the agency was investigating late trading and market timing activities units of Bear Stearns had undertaken for the benefit of clients of the company. [read post]
13 Dec 2011, 11:02 pm by Mandelman
., Bear Stearns, Washington Mutual, World Savings, Downey Savings, and the rest of the sub-prime shitheads that made all of the loans he’s talking about. [read post]
6 Dec 2011, 8:45 pm by Elizabeth Litten
    Cliff Stearns (R-Florida) introduced an online privacy bill last spring. [read post]
6 Dec 2011, 8:04 am by McNabb Associates, P.C.
Cardona said the 2009 acquittal in the Bear Stearns case was part of a “learning curve on which cases we . . . feel we have the ability to convince a jury that criminality has occurred. [read post]
6 Dec 2011, 6:37 am by Joe Palazzolo
Cardona said the 2009 acquittal in the Bear Stearns case was part of a “learning curve on which cases we . . . feel we have the ability to convince a jury that criminality has occurred. [read post]