A recent Wall Street Journal article explored the rise in hedge-like mutual funds. These mutual funds are using techniques traditionally used by hedge funds to eke out gains in hard economic times....
The Public-Private Investment Program seems to be stalled before it really got going. This idea has been floated in one form or another since late 2008 and it has its merits. What Needs To HappenThe...
"May your jail cell be your coffin," one of Bernard Madoff's victims said in the courtroom on Monday, as Madoff was sentenced to 150 years in prison for masterminding a Ponzi scheme that collectively...
Bernie Madoff, the man behind one of the largest investment frauds of all time, was sentenced Monday to 150 years in prison by U.S. District Court Judge Denny Chin. The former Nasdaq chairman was...
On Friday, June 19, 2009, Texas billionaire Sir Allen Stanford, who was knighted by Antigua in 2006, was indicted by a federal grand jury in Houston for allegedly attempting to defraud investors...
On June 24, 1985, R. Foster Winans, A former Wall Street Journal reporter, was found guilty of leaking insider information. Using his post at the newspaper Winans would pass on information from the...
On June 23, 2006, the Court of Appeals ruled that the Securities and Exchange Commission (SEC) did not have the right to regulate hedge funds - an industry with over 1.1 trillion in assets at that...