Posts filed under “Legal”

Geo-political Risks, Charges Against Banks

Here are a few clips from today’s Bloomberg TV appearance:

Sanctions Won’t Change Russian Policy (but I dont care)

Source: Bloomberg, May 5 2014

Bloomberg Contributing Editor Richard Falkenrath and Bloomberg View columnist Barry Ritholtz examine the increasing violence in Eastern Ukraine and limits for potential responses from the United States and Europe on Bloomberg Television’s “Market Makers
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Why Now Is the Time to File Charges Against Banks

Source: Bloomberg, May 5 2014

Bloomberg Contributing Editor Richard Falkenrath, Bloomberg View columnist Barry Ritholtz and Bloomberg’s Cristina Alesci discuss possible criminal charges against Credit Suisse and BNP Paribas on Bloomberg Television’s “Market Makers.”

Category: Legal, Media, Video, War/Defense

Finance’s Greatest Innovation: “Don’t Prosecute Us’

Prosecutors are considering bringing criminal charges against two overseas banks for charges ranging from perjury and fraud to laundering money. As detailed yesterday by a trio of Bloomberg News reporters, the key takeaway from the banking community was reflected in the headline: “Criminal Charges Against Banks Risk Sparking Crisis.” The reaction has been swift. “Don’t’…Read More

Category: Legal, Really, really bad calls

Its Great to be the CEO Running a Huge Criminal Bank

Every day brings multiple new scandals.  At least they used to be scandals.  Now they’re simply news items strained of ethical content by business journalists who see no evil, hear no evil, and speak not about evil.  The Wall Street Journal, our principal U.S. financial journal ran two such stories today.  The first story deals…Read More

Category: Bailouts, Corporate Management, Crony Capitalists, Legal, Think Tank

  Painting by Anthony Freda: www.AnthonyFreda.com “We Are No Longer a Nation Ruled By Laws” Pulitzer prize winning reporter Chris Hedges – along with journalist Naomi Wolf, Pentagon Papers whistleblower Daniel Ellsberg, activist  Tangerine Bolen and others – sued the government to join the NDAA’s allowance of the indefinite detention of Americans. The trial judge in…Read More

Category: Legal, Think Tank, War/Defense

Tesla’s Fight to Keep Direct-Sale Stores

National Auto Dealers Association Public Affairs Vice President Jonathan Collegio discusses defending the Tesla showroom ban with Trish Regan on Bloomberg Television’s “Street Smart.


Source: Bloomberg

Category: Legal, Video

5 Biggest Scams of the Year

Ever had someone posing as the police say they have a warrant for your arrest unless you pay a fine? It’s one of the top five scams of 2013 listed by The Council of Better Business Bureaus. MarketWatch’s Jim Jelter reports.

Category: Legal, Video

The Broken SEC Enforcement Mechanism

Today, I am compelled to direct your attention today to a column by my Bloomberg colleague Jonathan Weil, titled “The Best SEC Speech Ever.” The speech that Weil referred to in the headline was the retirement speech of Jim Kidney, a 25-year veteran trial attorney at the Securities and Exchange Commission. Three things stood out…Read More

Category: Legal, Regulation

SEC: “A Tollbooth on the Bankster Turnpike”

Jim Kidney’s SEC Farewell Speech   Now what you have all come here for. To hear some final words from Jim Kidney. Emphasis on FINAL. I originally planned this to start at noon so I could give a four hour speech getting even. But sadly, it is not to be. I went through my grudge…Read More

Category: Legal, Regulation, Think Tank

The Divide: Matt Taibbi on The Daily Show

In this exclusive, extended interview, author Matt Taibbi discusses wanting to spark a conversation about socially accepted white-collar crime with his book “The Divide.”

Matt Taibbi Extended Interview Pt. 1

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Author Matt Taibbi discusses the hypocrisy of a judicial system that grants criminals at the top of the pyramid bailouts, while rewarding other wrongdoers with jail time.

Exclusive – Matt Taibbi Extended Interview Pt. 2

(7:37)

Category: Bailouts, Legal, Video

Lessons We Must Learn from Charles Keating

Ten Lessons We Must Learn from Charles Keating By William K. Black April 2, 2014   I knew Charles Keating, the head of Lincoln Savings, in my capacity as a financial regulator and as the subject of his wrath.  His fraud schemes and the manner in which they targeted our system’s vulnerabilities in an era…Read More

Category: Legal, Think Tank