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Get caught up with the Securities Docket News Wire for March 21, 2011.
When Rich People Do Stupid Things http://p2.to/19me # When Rich People Do Stupid Things – 08/03/2011 http://p2.to/19me # Rajat Gupta Lawsuit Filed Against SEC http://p2.to/19lY # New York Attorney General Taps Marc Minor as New Wall Street Sleuth (WSJ) http://p2.to/19kj # A Foreign Defendant Seeks To Challenge Foreign Bribery Charges From Foreign Lands (WSJ) http://p2.to/19ki [...]
But to quote Buffett again, who once ridiculed a different group of defunct financiers: “To make money they didn’t have and didn’t need, they risked what they did have and did need. And that’s foolish. It is just plain foolish. If you risk something that is important to you for something that is unimportant to [...]
The week’s most interesting columns and blog posts from around the web.
As long as the SEC clings to the position that there were no errors in those companies’ financial statements, it can’t allege there was anything wrong with the firms’ audits. That helps shield the auditors from potentially crippling liability in private securities litigation. It also limits the SEC’s ability to accuse any of the companies’ [...]
Get caught up with the Securities Docket News Wire for March 18, 2011.
Thought leadership column by Tracy L. Coenen of Sequence Inc.
Get caught up with the Securities Docket News Wire for March 17, 2011.
Could the SEC be managed better? Yes — any organization can. Can the SEC do “more with less,” as budget cutters love to say? No. Plenty of Americans had their personal budgets cut in this past recession. Ask them if they’re doing “more with less.” Read more
Get caught up with the Securities Docket News Wire for March 16, 2011.