Insider trading probe in 2007 led to Galleon (Reuters)
The cooperation of two former hedge fund managers in a 2007 insider trading case led to the arrest of seven traders and lawyers last November in the wide-ranging Galleon prosecutions, a U.S. prosecutor said on Thursday. us.rd.yahoo.com |
Hawaii county sues Merrill Lynch in federal court (AP)
Maui County is suing Merrill Lynch, Pierce, Fenner & Smith Inc. in federal court over access to $32 million invested in student-loan auction-rate securities, county officials announced Wednesday. us.rd.yahoo.com |
House-Senate panel OKs sweeping big bank reform (at MarketWatch)
House and Senate lawmakers agree Friday on the most significant increase in the regulation of U.S. banks since the Great Depression. Treasury Secretary Timothy Geithner calls the legislation "strong." us.rd.yahoo.com |
Morgan Stanley Smith Barney promotes executive (AP)
Morgan Stanley Smith Barney has appointed Douglas J. Ketterer to head Morgan Stanley Private Wealth Management in the U.S., which caters to high net worth clients. us.rd.yahoo.com |
NYC firm buys Pittsburgh Airmall parent company (AP)
A New York City investment firm has bought the company that runs the Airmall at Pittsburgh International Airport and airmalls at Boston Logan, Baltimore/Washington International and Cleveland Hopkins International airports. us.rd.yahoo.com |