Schorsch Accused of $900M Fee-Driven Scheme
Behind the accounting errors that knocked $4 billion off ARCP’s market value was a hidden scheme, investors said in a lawsuit.
Enron Bankruptcy 10 Years Later: Before Bailouts Were Big
Though just a decade ago, the Enron era in some ways seems to belong to another era—a time when failing companies met with bankruptcy rather than bailouts.
SOX and You
Are you up to speed on Sarbanes-Oxley? That's the law Congress put in place after Wall Street was rocked by the corporate scandals at Enron...
In Enron Affair, What Did Banks and Hedge Funds Know?
The first Enron case to come to trial was in the United Kingdom. Structured finance professionals watched with bated breath as Mr. Justice Cook dismissed WestLB's claims against J.P. Morgan Chase. After all, we're paid to come up with legal and creative financial solutions, even if some of the financial...
Fund in Focus: Neuberger Berman Focus Fund
Kent Simons, manager since January 1988 S&P Ran
Update: Enron Proposes a 30/70 Rule for Consolidat
NEW YORK (HedgeWorld.com)--A lawyer for a collection of the trade creditors of Enron North America said that his best guess is that the marathon Enron...
Newsome Denies Intention to Extend Jurisdiction to
LONDON (HedgeWorld.com)--The chairman of the Commodity Futures Trading Commission sought to alleviate concerns that the CFTC sought to extend its authority over unregulated swaps, in...
Death of An Auditor
HOUSTON, Texas (HedgeWorld.com)--Arthur Andersen LLP, the well-known accounting and auditing firm brought down by its association with Enron Corp., acknowledged last week that the jury...