Cuomo Spent Nearly 40 Times More Than Teachout To Win Primary

By: Wednesday September 10, 2014 9:29 am

Yesterday New York Governor Andrew Cuomo defeated Zephyr Teachout in the New York Democratic Gubernatorial Primary winning roughly 60% of the vote. About a third of voters supported Teachout and her running mate Tim Wu even though they had no major institutional backing or spent much on campaign ads. Cuomo had numerous advantages including the [...]

White House Promises to Dump Ed DeMarco If They Only Get the Chance in a Second Term

By: Wednesday October 24, 2012 10:50 am

In one of the more cynical campaign promises I’ve seen in a while, the Obama Administration has apparently been running around to housing advocates telling them they will fire Ed DeMarco as head of the Federal Housing Finance Agency… after the election. In 2010, Senate Republicans opposed Mr Obama‚Äôs choice to replace Mr DeMarco and [...]

Helpful Facts About the Civil Suit Against Wells Fargo

By: Wednesday October 10, 2012 6:27 am

I mentioned in passing yesterday this federal civil lawsuit against Wells Fargo for its conduct on some FHA loans. “Mentioned in passing” is all that the suit deserved, but I see that the PR shop at DoJ tried to turn this into a big deal, with the media playing along. So maybe I should put [...]

Wall Street Analyst Views Used for Hedge Fund Insider Trading

By: Monday July 16, 2012 12:34 pm

The US Attorney’s office in Manhattan has been on a tear recently over insider trading, arresting and convicting several high-profile investors and making the issue a hallmark of criminal justice around the financial industry. But Preet Bharara will be busy for the rest of his life if he thinks he can clean up the markets [...]

Highest-Ranking Executive Convicted in Insider Trading Probe

By: Friday June 15, 2012 12:45 pm

Rajat Gupta, the former head of the consulting firm McKinsey and a former member of Goldman Sachs, was convicted today on insider trading charges. This is the latest of several insider trading suits that the government, particularly US Attorney in the Southern District of New York Preet Bharara, has focused on. While no executive has [...]

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