Mathew Martoma is the 79th person to be convicted or plead guilty in a sweeping Wall Street insider trading crackdown
White Collar Crime
Here’s Why Former SAC Trader Martoma Was Booted From Harvard
Mathew Martoma doctored his Harvard Law School transcript and then tried to cover his tracks with a phony computer forensics company
The Anti-Mafia Law Used to Go After JPMorgan
JPMorgan has been slapped with yet another fine, this time a $2.6 billion penalty for violations associated with the Bernie Madoff pyramid scheme. In announcing the settlement, U.S. Attorney Preet Bharara accused the bank of …
Why Fainting Can’t Be Used in SAC Trader’s Trial
Prosecutors had argued the episode showed that Mathew Martoma knew he was guilty
Inside the Biggest Insider Trading Case in American History
Palatial mansions, multimillion-dollar artwork and a blockbuster financial scandal for a reclusive Wall Street billionaire
Europe Fines Banks $2.3 Billion for Fixing Rates
LIBOR benchmark rate at issue
SAC’s Settlement Signals the End of the Wild West on Wall Street
Over the past twenty years, Steve Cohen built his hedge fund SAC Capital into one of the largest and most successful operations on Wall Street, making himself into a billionaire nine times over. But Cohen’s long and illustrious …
Falcone Down: Hedge-Fund Titan Settles With SEC, Faces Wall Street Ban
The settlement requires Falcone to admit wrongdoing and pay $18 million
Not So ‘Fabulous’ Fab: Ex-Goldman Sachs Trader Fabrice Tourre Found Liable for Fraud
Tourre became a symbol of Wall Street hubris after boasting that he sold toxic mortgage assets to “widows and orphans”
Why Is Insider Trading Even Illegal?
Ever since the financial crisis, U.S. regulators have been hard at work putting away Wall Street financiers who play fast and loose with the law. The only problem is, those Wall Street crooks that the feds have been cracking down on aren’t those who actually caused the financial crisis, but a different breed of white collar criminal: …
SAC Capital Indicted, in a Blow to Billionaire Steven A. Cohen
The Feds say SAC Capital engaged in “systematic insider trading” on a scale “without known precedent in the hedge fund industry”
U.S. Poised to Charge Billionaire Steve Cohen’s SAC Capital Hedge Fund
The feds want to put the Wall Street billionaire out of business