Financial crisis

Judge Jed Rakoff wants someone to pay for the financial meltdown

By Paula Dwyer, Bloomberg | November 15, 2013

At a meeting of New York City securities lawyers this week, Jed Rakoff did what he does best: challenge Establishment Thinking. "While the economy has slowly improved, there are still millions of Americans leading lives of quiet desperation -- without jobs, without resources, without hope." Then he asked: Who is to blame?

Derivatives bludgeoned by debt crisis making return

By Abigail Moses | April 22, 2013

Investors are reviving credit derivatives trades they used to boost returns before the financial crisis.

Stephen Colbert on S&P lawsuit

By Michael McFarlin | February 21, 2013

A couple of weeks ago, Standard & Poor's was sued by the U.S. government and a number of state governments for allegedly inflating credit ratings. Once again, Stephen Colbert brings his unique take on the S&P lawsuit.

S&P penalty may reach $5 billion from U.S. suit over ratings

By Phil Mattingly and Edvard Pettersson, Bloomberg | February 5, 2013

The U.S. is seeking as much as $5 billion in penalties from McGraw-Hill Cos. and its Standard & Poor’s unit as punishment for inflated credit ratings that were central to the worst financial crisis since the Great Depression.

McGraw-Hill, S&P sued by U.S. over pre-credit crisis ratings

By Edvard Pettersson, Bloomberg | February 5, 2013

McGraw-Hill Cos. and its Standard & Poor’s unit were sued by the U.S. over claims S&P knowingly understated the credit risks of bonds and derivatives that were central to the worst financial crisis since the Great Depression.

U.S. to file civil charges against S&P over crisis bond ratings

By Phil Mattingly and Matt Robinson, Bloomberg | February 4, 2013

The U.S. Justice Department intends to file a civil lawsuit against Standard & Poor’s based on ratings in 2007 of certain collateralized debt obligations, the company said today.

Credit Suisse sued for deceiving investors by New York AG

By Press Release | November 20, 2012

New York Attorney General Eric T. Schneiderman today filed a Martin Act complaint against Credit Suisse Securities (USA) LLC and its affiliates for making fraudulent misrepresentations and omissions to promote the sale of residential mortgage-backed securities

Main menu

Commodities

Digital Currencies

Financials

Options

Financial crisis

Judge Jed Rakoff wants someone to pay for the financial meltdown

Derivatives bludgeoned by debt crisis making return

Stephen Colbert on S&P lawsuit

S&P penalty may reach $5 billion from U.S. suit over ratings

McGraw-Hill, S&P sued by U.S. over pre-credit crisis ratings

U.S. to file civil charges against S&P over crisis bond ratings

Credit Suisse sued for deceiving investors by New York AG

Treasury official reflects on financial crisis

Larry McDonald: Four years after Lehman, financial regulation is still being ignored

Same Dodd-Frank, different year

Pages

Main menu