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Facing a growing chorus of angry investors, disgraced financier Bernard Madoff lost his right to leave his home Friday and was ordered to hire private around-the-clock security guards to protect him. U.S. Magistrate Judge Theodore H. Katz approved the revised bail conditions after prosecutors sent a letter requesting them earlier in the day. The letter, signed by Assistant U.S. Attorney Marc O. Litt, did not explain why the bail conditions needed to be tightened.
Securities and Exchange Commission chief Christopher Cox urged Congress Tuesday to regulate a type of corporate debt insurance that figured prominently in the country's financial crisis.
No bond for teen accused of showing off murder victim's bodyTAMPA, FL -- A teenager accused of taking part in the murder of a Tampa man and then showing off the body to friends will be held without bond.
The U.S. Securities & Exchange Commission Will Investigate Past But To What End, Look at Foreign CompaniesIn the Republic of the Philippines or Hong Kong, People's Republic of China or Indonesia, it is understandable to some degree that corruption or inaction is their Standard Operating Procedures.
Cox, Greenspan, Snow Agree: Freddie Mac And Fannie Mae Did Not Cause The Financial Crisis»According to conservatives, Freddie Mac and Fannie Mae's audacity to loan to low-income Americans is to blame for the current financial crisis. During the final presidential debate, for example, Sen.
The Reckoning: Securities and Exchange Commission Let Banks Amass DebtIn a short and sparsely attended meeting April 2004, the Commission loosened the "net capital rule" and let the five largest investment banks reduce reserves.
McCain Looks Foolish in Assault on CoxThis week John McCain, completely out of his element with respect to developments on Wall Street, lodged another uninformed and impetuous attack -- this time, at SEC Chairman Christopher Cox.
WSJ Calls McCain's Scapegoating of Christopher Cox "Unfair" and "Unpresidential"John McCain has made it clear this week he doesn't understand what's happening on Wall Street any better than Barack Obama does.
A Public Airing for Proposals on ShareholdersA divided S.E.C. issued two dramatically different proposals on how and whether shareholders can nominate corporate directors.
Holding Accomplices AccountableA federal appeals court sent precisely the wrong message when it prevented a class-action lawsuit against three of Enron's banks — Merrill Lynch, Credit Suisse and Barclays — from moving forward.
Business Wire CIO Steve Messick speaks out on why RSS feeds do not meet fair disclosure requirements « BusinessWiredBusiness Wire CIO Steve Messick speaks out on why RSS feeds do not meet fair disclosure requirements
Is the S.E.C. Changing Course?Critics say Christopher Cox, the chairman of the S.E.C., is moving closer to businesses and Wall Street interests and against investor groups.
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