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By Futures Staff |
February 1, 2013
Stormy in more ways than one, 2012 was a rough year. Here is our tongue-in-cheek look back over its defining events.
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By Steve Zwick |
November 1, 2012
Corzine may have moved rogue trading to the boardroom, but that’s only the latest in a line of offenses.
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By Patricia Hurtado, David Glovin and Bob Van Voris, Bloomberg |
October 24, 2012
Former Goldman Sachs Group Inc. director Rajat Gupta was sentenced to two years in prison for insider trading, marking the downfall of a man who rose to the top of corporate America after being orphaned as an 18-year-old in Kolkata.
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By Bob Van Voris, Bloomberg |
August 14, 2012
Whitman Capital LLC’s Doug Whitman told jurors that he refrained from trading the stock of Polycom Inc. when he first suspected that Roomy Khan, a key government witness in his prosecution, was getting illegal inside information.
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By Linda Sandler, Bloomberg |
June 25, 2012
The U.S. Supreme Court won’t hear an appeal by Bernard Madoff’s investors over whether they can recover lost profit, an action that lets stand the Madoff trustee’s calculation that investors lost $17 billion.
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By Patricia Hurtado and David Glovin |
June 14, 2012
The jury weighing insider-trading charges against former Goldman Sachs director Rajat Gupta finished its first day of deliberations without a verdict.
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By David Glovin and Patricia Hurtado, Bloomberg |
May 23, 2012
Warren Buffett’s investment in Goldman Sachs Group Inc. in September 2008 was so confidential that even his chief financial officer was unaware of it before being briefed on the details by a Goldman Sachs executive.
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April 4, 2012
U.S. District Judge Jed Rakoff doesn’t shy away from high-profile fights.
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By Bob Van Voris and Linda Sandler, Bloomberg |
March 19, 2012
The New York Mets owners agreed to pay $162 million to settle a $303 million lawsuit by the liquidator of Bernard Madoff’s firm, just before they were due to go to trial for allegedly ignoring the fraud.
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By Thom Weidlich, Bloomberg |
March 16, 2012
The U.S. Securities and Exchange Commission and Citigroup Inc. won a delay in the trial of a lawsuit the agency brought against the bank while an appeals court considers a judge’s refusal to approve their $285 million settlement.
