Hedgie T.Boone Pickens Sues to Squash Son’s Tell-All Speech About Family Emotional Abuse

Texas oil millionaire T. Boone Pickens is trying to use the Dallas state courts to squash his son’s first amendment rights after Mike Pickens wrote a tell-all blog about the famed hedge fund manager’s troubling family dynamics. The blog titled 5 days in Connecticut posted ‘my story’ which centers on how 85-year old Boone’s emotional […]

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Hearst CT Newspapers Making Side Deals After Class Action Suit Challenges How Arrest Are Reported

Two well-known Connecticut lawyers are spearheading a class action lawsuit against the dominate news publisher in Fairfield County in a move to get Hearst newspapers to take down online news reports of people who have been arrested but then have the charges waved or dropped. Bill Keller, New York Times columnist and the paper’s former […]

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Does a Material Weakness in New Canaan Financials Mean Problems for Muni Bond Investors?

New Canaan’s town council received an external audit management letter that warned of possible material miss-statements in the town’s financials. The management letter, sent to town council and obtained by this reporter, talks about police overtime booked as receivables instead of an expense, a finance director for the Board of Ed having unchecked spending on […]

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Fannie Mae Keeps Asking for Billions of Mortgage Putbacks from Suntrust: SEC Silent on Investigation

The SEC investigation into SunTrust Banks alleged gaming of Fannie Mae by the bank’s wholesale mortgage division is back in the news. Gretchen Morgenson, New York Times columnist and reporter, has picked up on my exclusive news reported in November for finance trade publication Growth Capitalist. Morgenson has a habit of journalism shoplifting by writing […]

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Does Bitcoin Need a Central Market Maker?

The digital currency, Bitcoin, needs world-class marketing making. That’s what RT’s popular TV host, Max Keiser, told millions of viewers around the world yesterday. After we watched Mt.Gox suffer a DDOS attack these last few weeks that led to Bitcoins dropping over $100 in value–the idea of trying to weed out crazy volatility swings through […]

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SEC Fines SAC’s Steve Cohen Millions but is Afraid to Say his Name

SAC Capital run by Greenwich hedge fund manager Stevie Cohen agreed to settle insider trading violations with the Securities and Exchange Commission yesterday for $614 million. The regulator amended its complaint from November 2012 when it sued a SAC trader Matthew Martoma for making triple digit millions off inside info on two drug stocks. Martoma […]

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New Canaan Police Officer Pickering Put on Leave-State’s Attorney Investigating

On Monday, March 11th, the NCPD honored part of a media FOI request and confirmed the officer on leave is Fred M. Pickering and they are running their own internal investigation on top of the States Criminal Investigation. This was a result of media pressure on the town 1st Selectman to get the cops to […]

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Bitcoin Insight: Here is why that Digital Currency’s Value Really Jumped Sky High

I broke news about a change in how the digital currency, bitcoin, would operate on an exchange for U.S. and Canada last week and my peers in the finance and tech press woke up to this trend. Bitcoins are a peer-to-peer monetary transaction system that is trying to challenge government controlled currencies — like you […]

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