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Archive for the 'scandal' Tag

All eyes on Harry Markopolos…

Tuesday, February 3rd, 2009

Be sure to set your Tivo tonight because tomorrow at 9:30 Harry Markopolos will be testifying before a subcommittee of the House Financial Services committee.
Judging by his prepared testimony — all 65 pages of it — it should be a pretty good show tomorrow, though it won’t reflect positively on the SEC, which bears the [...]

The SEC was also asking questions about John Thain…

Friday, January 23rd, 2009

Yesterday, pretty much everyone was a-flutter over the the story that Merrill’s John Thain had spent $1.2 million on redecorating his office when he joined Merrill in December 2007. One person even went to far as to pen a song (see comments) to the tune of Carly Simon’s You’re So Vain, “You waltzed into the [...]

The Madoff diaries…

Monday, December 15th, 2008

Keeping up with the coverage of the Madoff scandal is turning into a full-time job. The FT’s Alphaville is doing a great job with its Madoff-O-Meter and there’s been lots of good stuff in both the Times and Journal, including this story which doesn’t bode well for the folks at the SEC.
But you wouldn’t know [...]