Goldman Sachs is doing all it can to fight a lawsuit alleging gender discrimination while touting that it's really a good place for women to work.
Even by the Wall Street standards of 20 years ago, the stuff recently revealed in the sex discrimination case brought against Goldman Sachs would have been astonishing.
Wall Street's self-regulatory organization is trying to pass a rule that would let arbitrators sound the alarms if they see evidence of the next Bernie Madoff during a hearing. But that could hurt the investor who brought the claim, and may not be all that helpful anyway.
Proxy battle at Anworth Mortgage Asset comes to a vote on Thursday, May 22. In this case, it is hard to tell who will win, but easy to see who is right.
A study says that one out of every five citizens over the age of 65 had been victimized by a financial scam. The swindles are carried out by family members, caregivers and strangers, with theft by family members ranking as the most frequent.
Writing for TheStreet, award-winning author Susan Antilla notes some Republicans, including Texas Rep. Jeb Hensarling, are intent on destroying one government bureau most seem to agree is working.
The self-regulatory group belatedly files a complaint against a broker who's already sitting in prison.
Knight Trading was just the most recent incarnation of an old problem plaguing the stock market.
Regulation isn't working. A behavioral economist has found another solution.
Nothing of substance about JPMorgan's losses, unfortunately.