Lanny Breuer told the world he’s removing himself from the office of the DOJ criminal division this week. Only a week after an explosive Frontline film, The Untouchables, made him look like kind of silly on camera for his explanation of why no Wall Street Bankers have been charged criminally. To honor Breuer a reader […]
ContinueNY AG Schneiderman Tells Frontline A Few Things that Just don’t Add Up
NY Attorney General, Eric Schneiderman, sat down in a rare interview with Martin Smith for his Frontline film The Untouchables. A lot of that interview didn’t make into the PBS documentary film so the transcript of his entire interview has been released. The NY AG pumps up Obama’s mortgage task force as a vehicle that […]
ContinueSan Bernardino County Backs Down From Shoddy VC Plan Using Eminent Domain
A Southern California government official from a depressed county tried to go up against Wall Street this summer when he shocked the mortgage bond community by telling them he was thinking about using eminent domain to force-buy underwater mortgages out of the securities at a discount. That man was Greg Devereaux, a former city planner, […]
ContinueConflict Exposed: State’s Attorney in Banker Hate Crime Case is also a Muslim
The Stamford State’s Attorney office has some explaining to do as more troubling evidence has come out about how they handled the hate crime case against a former Morgan Stanley banker. Charges were dropped in October against Darien resident William Bryan Jennings who was accused by a New York Muslim cabbie of stabbing him with […]
ContinueFrontline: The Untouchables – Exposes how Wall Streeters Commit Fraud but Escape Jail
UPDATE 1-23-13 5pm: The Washington Post is reporting the DOJ’s Lanny Breuer, who was highlighted in The Untouchables, is stepping down. Now reporters had heard he was on his way out for a bit so WAPO could be reporting old news but it sure makes the Frontline film and my reporting seem to have made […]
ContinueDarien banker Jennings Bad Arrest Leads to Millions of lost Compensation
UPDATE 1-15-13: Darien Times is reporting ASA Weiss with held evidence from Jennings’ defense for months. It appears he did it to try to get Jennings to plea out. The local paper questions the ethics of our Stamford States Attorney office. Original Text Today the Wall Street Journal has a story showing how Darien banker […]
ContinueAre the Feds Gunning for Civil RICO against Steven Cohen or SAC Capital?
The DOJ has a hard on for famed hedgie Stevie Cohen and the rest of the financial press has suddenly just figured this out. Cohen, a stock trader who founded Stamford-based SAC Capital, runs a trading company that is facing a pending SEC lawsuit. What the SEC would sue for we don’t actually know yet […]
ContinueGreenwich Hedgie Max Holmes now wants to be a Media Titan
A Greenwich hedge fund manager who ran a multi-billion dollar fund is quitting trading to getting into the media business. Max Holmes of Plainfield Asset Management, who was widely reported for being under regulatory investigation, has called his new venture EcQuant. Holmes started winding down his asset-back fund a few years ago after gating his […]
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