View By Tag : sec

A.I.G. Reports $8.87 Billion Loss in 4th Quarter (www.nytimes.com)

The American International Group, the insurance giant, said on Friday that it lost $8.87 billion in the fourth quarter as it paid down some of the billions of dollars in bailout loans it received from... More

Tags: big banks,aig,bailout,sec

Submitted 21 days ago by gregplaysdrums | 0 Comments |

Cuomo Sues Bank of America, Even as It Settles With S.E.C. (www.nytimes.com)

The legal drama surrounding the controversial takeover of Merrill Lynch by Bank of America, one of the pivotal moments of the financial crisis, took a fresh turn on Thursday as the attorney general of... More

Tags: big banks,sec,bank of america,merrill lynch

Submitted about 1 month ago by gregplaysdrums | 0 Comments |

For the feds, some Wall Street firms are too big — to punish (www.mcclatchydc.com)

Forget too big to fail. In the eyes of federal regulators, many Wall Street firms are too big to punish.

Tags: big banks,sec,wall street

Submitted 3 months ago by gregplaysdrums | 0 Comments |

How Credit Raters Fended Off Oversight From Congress and SEC | The Huffington Post Investigative Fund (huffpostfund.org) TMC

When the nation’s top credit rating companies came under attack in Washington in recent years, Charles E. Schumer often emerged as their strongest ally.

Tags: TMC,charles schumer,washington,sec,credit raters,congress

Submitted 3 months ago by lizchapman | 0 Comments |

GM to go public within one year (michiganmessenger.com) TMC

The new General Motors has told the federal government that it intends to offer an initial public stock offering within one year of the date it emerged from bankruptcy proceedings, which was July 10.... More

Tags: gm,ipo,michigan messenger,tmc,stock,sec

Submitted 7 months ago by saramediaconsortium | 0 Comments |

SEC looses the dogs of...subpeonas (www.prospect.org) TMC

Some important news today on the financial crisis: The Securities and Exchange Commission has decided that it's enforcement division will no longer need the approval of the agency's commissioners to... More

Tags: tmc,sec,tapped,american prospect,subpeonas,violations,penalties,mary shapiro

Submitted 7 months ago by saramediaconsortium | 0 Comments |

Congress Considers Hiking SEC Budget to Prevent More Madoffs | The Washington Independent (washingtonindependent.com) TMC

During George W. Bush’s ill-fated push to privatize Social Security, conservatives condemned the use of surplus retirement taxes to help offset the deficit. But few Democrats or Republicans decry... More

Tags: tmc,the media consortium,congress,sec

Submitted 8 months ago by saramediaconsortium | 0 Comments |

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