December 22, 2011 /24-7PressRelease/ -- Federal prosecutors requested a 385-year sentence for Lee B. Farkas, for his role in a complex bank fraud. In their memo, the federal prosecutors noted, "Sentencing him to the maximum penalty allowed by law will se

Dec. 20 (Bloomberg) -- The New York field office of the FBI sits a block west of Foley Square, where Roman and Greek- inspired courthouses with four-story colonnades loom over a small town of judicial institutions in which the biggest of America’s financ

The results can be seen in the scores of insider-trading prosecutions made in New York - from the conviction of Galleon Group LLC co-founder Raj Rajaratnam, seen here, to those involving expert-networking consultants and employees at technology and pharm

To much applause, Federal District Judge Jed S. Rakoff broke with the status quo on November 28 by refusing to approve a settlement between the Securities and Exchange Commission and Citigroup involving transactions in which the bank bet against mortgage

As long as there has been a Wall Street, there have been thieves to plunder it. Oddly enough, the nature of the crimes hasnt changed much over the years. Magnates with rich political ties quietly manipulate the market, maintain a squeaky-clean pu

As long as there has been a Wall Street, there have been thieves to plunder it. Oddly enough, the nature of the crimes hasn’t changed much over the years. Magnates with rich political ties quietly manipulate the market, maintain a squeaky-clean public im