New Hire Roundup: Altegris Names Murphy Deputy CIO
Also in new hires, Lindsey and Lindsey adds Christina Lindsey Orta, and former Gov. David Paterson joins IFS Securities.
Bogle Blasts Financial Industry, Calls Compensation a ‘Disgrace’
Industry elder statesman and Vanguard founder John Bogle did not refrain from speaking his version of truth to power at Morningstar’s investors conference, condemning the financial industry’s grip on corporate America.
AIG Suit Debate Sparks Outrage
The director of Consumer Federation of America calls Greenberg’s remaining suit “outrageous.”
LIBOR Case Subpoenas Expand to 16 Banks
Now the list of subpoenaed banks has expanded to a total of 16, including Société Générale and Royal Bank of Canada (RBC), and more attorneys general are coming in on the investigation.
Spitzer: LIBOR Scandal ‘About as Big as It Gets’
Former Gov. Eliot Spitzer of New York, no stranger to scandal himself, says there could be “very serious questions” for Treasury Secretary Tim Geithner if he failed to adequately pursue concerns about LIBOR in 2008.
Picard Hits Homer vs. Mets
How many All-Star free agents could $162 million have bought the New York Mets?
The IA 25 Rogues Gallery
There are bad apples in every bunch, but luckily there aren't many on the IA 25.
Peter Elkind Discusses ‘Rise and Fall’ of Eliot Spitzer and Enron
At the fi360 Conference, the best-selling author offers lessons on Eliot Spitzer’s shortcomings and the dangers of Enron’s Skilling and Lay's management styles.
Insurance Update: Classroom or Courtroom?
After a series of high-profile actions in his position as New York's top insurance regulator--the most powerful regulator's post in the country, thanks to its...
Pants on Fire
The news is full of senior government officials involved in sex scandals, highly paid CEOs charged with options backdating, reputable writers and journalists caught in...