Should Ernst & Young be held responsible for the bad actions of Lehman Brothers? New York Attorney General Andrew Cuomo, who Tuesday slapped the Big Four audit firm with civil fraud charges, thinks so. But it’s not an easy ques…
Accused Ponzi schemer Allen Stanford, whose attorney says he is unfit to stand trial on allegations of fraud, will be examined by a government psychiatrist.
Federal prosecutors asked for the examination after the court-appointed defense attorney argu…
Linda Almonte, a former employee of JPMorgan Chase who is suing the bank for wrongful termination, has upped the ante by filing a whistleblower complaint with the SEC. She’s alleging grotesque and illegal practices with Chase c…
Federal prosecutors and the trustee in charge of recovering money for the victims of Bernard Madoff’s Ponzi scheme have reached a settlement with the estate of Jeffry Picower worth $7.2 billion.
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Federal prosecutors and the trustee in charge of recovering money for the victims of Bernard Madoff’s Ponzi scheme have reached a settlement with the estate of Jeffry Picower worth $7.2 billion.
Continue readin…