law
Wells Fargo Takes Page From NFL’s Diversity Playbook, Gets Same Result
And now, like the NFL, it’s getting sued over it.
Always Have A Better Plan B Than Asking To Go To The Bathroom And Just Not Coming Back
Because the SEC and Justice Department? Yea, they’re gonna come back.
Republicans Believe In Shareholder Democracy About As Much As Actual Democracy
Which is to say, as long as it aligns with their own interests.
Allianz Admits To Some Light Securities Fraud
Of course all agree that the real bad guys were the Allianz employees Allianz singularly failed to supervise.
SEC Wants Its Alums To Quick F**king Around
You of all people, former enforcement lawyers, ought to know better.
Hedge Fund Exec Knocked Up Employee, Allegedly Took Her On A Nice Vacation On The Company’s Dime, Still Wants Huge Severance Package
And there’s also more about his package.
BofA Illegally Took Customers’ Money, Charged Them For The Pleasure
And now the CFPB is levying its own charges.
Frankfurt Police Making The Rounds Of All The Banks
It’s nice that they’re all so close together, and maybe also committing the same crimes.
Ripping Off Your Fellow Creditors Disqualifies You From Bankruptcy Committees And Maybe From Running A Hedge Fund, But Not From Being A Lawyer
Six months’ suspension for six months in jail, apparently.
It Sure Is Handy That The German Police Already Know Where Deutsche Bank Keeps Its Suspicious Activity Reports
Because they’re back for another look.
Bill Hwang’s Bullets Eventually Ricocheted On Him
But the Archegos chief believed in himself until the very end.
Bankruptcy Judge Not Inclined To Give Guy Lying About Being Broke For Years The Benefit Of The Doubt
Dov Charney’s courtroom calamities continue.
Prosecutors Pretty Sure You Can’t Lose Your Banks $10 Billion Legally
Which is bad news for Bill Hwang and the Archegos crew.
Eyewear Company Thinks JPMorgan Needs Some Glasses
The better to spot the obvious fraud with. And also maybe to read this lawsuit it just filed.
If Only GWG Holdings Had Been Selling Bonds Linked To Its Own Life Insurance Policy
Then its elderly investors would be fine. As it happens, however….
You Could Tell Bernie Madoff To Make A Trade, But You Couldn’t Actually Make Him Do It
That’s not how his "business" worked, after all.
Firm Founded By Friend Of Sex Criminal Wants To Help Leader Of Alleged Discriminatory Companies Buy Another Company
Apollo Global Management has the money Elon Musk needs to buy Twitter.
Actually Twitter’s Pretty Happy To Not Be Owned By Elon Musk
If there were any doubt about it, here’s a poison pill the company’s got between its teeth, ready to bite down should Musk place any large orders.
Supreme Court May Get The SEC Off Elon Musk’s Case
Someone else is doing a better job of fighting regulator-mandated speech restrictions than the world’s richest man.
Prosecutors Spoof Spoofer Into Guilty Plea For Spoofing
For once, things go according to plan for the DoJ.
Biglaw Firm Wants Out Because Pharma Bro Martin Shkreli Can’t Pay His Bills
Biglaw means big bills -- and Shkreli doesn't have the money to pay them.
Sorry To Say That $10K Per Day Penalty For Donald Trump’s Contempt Won’t Cut It
He’s already paying his lawyers more than $10,000 per day anyway.
Worst Owner In Sports Allegedly Cheated His Fans, Fellow Owners On And Off The Field
Congratulations to Daniel Snyder on topping Donald Trump as the most odious person accused of keeping two sets of books this month.