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By Martin Z. Braun |
May 13, 2013
Almost five years after Lehman Brothers Holding Inc. filed for bankruptcy, managers of the bank’s estate are demanding millions from retirement homes, colleges and hospitals.
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By Mary Childs, Bloomberg |
February 15, 2013
McGraw-Hill Cos., the owner of the world’s largest ratings company, was downgraded by its biggest rival after the U.S. government filed a lawsuit that seeks as much as $5 billion in damages.
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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.
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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.
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By Matt Robinson and Phil Mattingly |
February 4, 2013
McGraw-Hill Cos. tumbled the most in 25 years as the parent of Standard & Poor’s said it expects to be sued by the U.S. over inflated mortgage-bond rankings.
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By Anthony Effinger and Mary Childs |
January 8, 2013
Andrew Feldstein, the Harvard-educated lawyer who leads BlueMountain Capital Management LLC, has had a good run.
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By Dawn Kopecki, Bloomberg |
August 21, 2012
Wall Street, the global financial community reeling from public outrage, is proving incapable of finding a champion to replace Jamie Dimon.
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By Caroline Salas Gage and Craig Torres |
May 12, 2012
JPMorgan Chase & Co.’s trading position that led to a $2 billion loss may call for increased Federal Reserve scrutiny of risk management.
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By Craig Torres, Dakin Campbell and Dawn Kopecki, Bloomberg |
May 1, 2012
The Federal Reserve criticized how some of the 19 largest U.S. banks calculated potential losses and planned dividends in this year’s stress tests, people with knowledge of the process said.
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By Press Release |
June 8, 2011
Speaking at a trading conference in The Netherlands, Commodity Futures Trading Commission Commissioner Bart Chilton says that high-frequency traders and trading algorithms give hedgers cause for concern.
