JP Morgan was fined £33.3m by the FSA for what it described as "serious breach" of rules governing the segregation of the bank's money and that of its clients.
Though no money was lost, the misallocation of the funds would have ...
Dow Jones Industrial Averages fell by almost 1,000 points, recovered and then ended with a loss of 347 by closing on 6 May 2010. This was apparently caused by trading glitch involving multiple transactions. There was also all...
Author of "A Collosal Failure of Common Sense", Lawrence McDonad gives a short interview on the collapse of Lehman Brohers and responds to the Repo 105 issue highlighted in the recenty released Anton Valukas Bankrupcy Court Examiner's Re...
Bernie’s not the only one heading to the big house it would appear. Two Madoff Investment (BLMIS) employees are facing up to 30 years in jail for designing special software programs that contained fraudulent financial records and d...
