Someday, it will go down in history as the first trial of the modern American mafia. Of course, you won’t hear the recent financial corruption case, United States of America v. Carollo, Goldberg and Grimm, called anything like that. If you heard about it at all, you’re probably either in the municipal bond business or married […]
Tag Archives | Rolling Stone
SEC v. Citigroup Global Markets
James McRitchie, 12/12/2011 ,
Three heavily abbreviated takes on what the case means: Federal Judge Pimp-Slaps the SEC Over Citigroup Settlement, Rolling Stone By accepting hundred-million-dollar fines without a full public venting of the facts, the SEC is leveling seemingly significant punishments without telling the public what the defendant is being punished for. This has essentially created a parallel […]