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Madoff case puts heat on SEC staff -- South Florida Sun-Sentinel.com

Sun-Sentinel (Fort Lauderdale, Fla.) | 7 hours ago

Republican and Democratic House members said Monday that the alleged $50 billion fraud involving Wall Street figure Bernard Madoff reflects deep, systemic problems at the Securities and Exchange Commission.... (more)


UPDATE: US Congress Blasts SEC Over Madoff

Wall Street Journal, The | 12 hours 8 minutes ago

(Updates throughout) By Siobhan Hughes and Sarah N. Lynch ... (more)


Madoff scandal is focus of House hearing today

Houston Chronicle | 17 hours 46 minutes ago

WASHINGTON The heavy toll of the Bernard Madoff scandal is being brought before Congress today as a House panel tries to determine how, despite warnings over a decade to federal regulators, Madoff continued to operate his alleged Ponzi scheme.... (more)


SEC watchdog to be questioned by Congress about Madoff scandal

USA TODAY | 18 hours 16 minutes ago

The heavy toll of the Bernard Madoff scandal is being brought before Congress Monday as a House panel tries to determine how, despite warnings over a decade to federal regulators, Madoff continued to operate his alleged Ponzi scheme.... (more)


S&P Explains How Mitsui, Aioi, Nissay Merger Plans May Affect Ratings

Insurance Journal | 18 hours 59 minutes ago

Standard & Poor's Ratings Services said today that media reports of a possible merger among Mitsui Sumitomo Insurance Group Holdings Inc., the holding company of Mitsui Sumitomo Insurance Co. Ltd. (MSI) ( AA/Stable/A-1+), Aioi Insurance Co. Ltd. (A+/Stable/--), and Nissay Dowa General Insurance Co. Ltd. (A+/Stable/A-1) may affect the ratings on the companies.... (more)


W.R. Berkley completes Irish acquisition

Business Insurance | 23 hours 43 minutes ago

LONDON W.R. Berkley Insurance (Europe) Ltd. has completed the acquisition of Irish Professional Risks Ltd. to form W.R. Berkley Insurance Ireland. W.R. Berkley Insurance Ireland will offer a range of coverages, including professional indemnity, medical malpractice, directors and officers, ...... (more)


Op-Ed Contributors - The End of the Financial World as We Know It - NYTimes.com

New York Times, The | 2 days 7 hours 42 minutes ago

AMERICANS enter the New Year in a strange new role: financial lunatics. We ve been viewed by the wider world with mistrust and suspicion on other matters, but on the subject of money even our harshest critics have been inclined to believe that we knew what we were doing. They watched our investment bankers and emulated them: for a long time now half the planet s college graduates seemed to want nothing more out of life than a job on Wall Street. This is one reason the collapse of our financi...... (more)




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