A former partner at the accounting firm KPMG agreed to plead guilty Tuesday to a securities fraud charge for providing insider information to a friend who plied him in return with cash bribes, a Rolex watch and other luxurious items.
A former senior partner with the KPMG accounting firm in Los Angeles was charged Thursday with insider trading.
A fugitive German hedge fund manager was arrested Friday at an Italian art gallery on charges filed in Los Angeles that accuse him of orchestrating a stock manipulation scheme that led to at least $200 million in losses to investors across the world.
According to news reports, the allure of building a Wal-Mart near ancient pyramids in Mexico, and thus gaining access to global tourists nearby, was so strong that Wal-Mart circumvented democratic institutions and bribed the right people to get their way.
Down to the trademark “W”, W. Mitt Romney is literally the second coming of the George W. Bush: the economic strategy that led to the worst American economy since the Great Depression and the Bush legacy of secrecy in the face of questions from the American public.
The Securities and Exchange Commission is suing former NFL wide receiver Willie Gault and five others, accusing them of a scam to artificially inflate the stock of a heart monitoring device company.
The SEC has just finished its scheduled meeting of its presidents and chancellors, and unfortunately for secession-minded Texas A&M fans, the conference is staying put at 12 teams (for now). Here’s the full statement just released by SEC presidents and chancellors chair (and Florida president) Bernie Manchen:
Officials accuse the firm’s chief, Elijah Bang and salesperson Daniel Lee of advertising the firm’s founders as “devoted Christians” and targeted retirees and professors.
College football conferences will get a record take of about $170 million from this year’s bowl games, including a new high of $24.7 million for the five conferences that don’t get automatic bids to the Bowl Championship Series.
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