Daily Archives: May 1, 2009, 10:00 pm

Securities Docket News Wire for May 1, 2009

NY AG Cuomo creates multi-state task force to explore pension fund abuse. http://bit.ly/1aFZ74 #sdx # UK’s FSA orders banks to reassess flu contingency planning. http://bit.ly/fbw9U #sdx # Stanford “Fails” in Effort to Surrender to U.S. Marshals. http://bit.ly/yCMAf #sdx # Additional $100 Million Said To Be Missing From Satyam. http://bit.ly/2K3wDx #sdx # Stanford Tries, Fails to Surrender at Courthouse. http://bit.ly/JOP8t #sdx…

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Web Watch: Best Blog Posts and Columns For the Week Ending May 1

Here is the weekly summary for Securities Docket’s Web Watch (”This Week’s Best Blog Posts and Columns”): THE D&O DIARY (May 1, 2009): Will TARP Money Fund Securities Lawsuit Settlements? A recent suggestion that TARP money will fund securities lawsuit settlements disregards the existence of D&O insurance, E&O insurance, and fiduciary liability insurance, which will be funding much of the…

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Stanford “Fails” in Effort to Surrender to U.S. Marshals

Following his recent media blitz, Texas financier and SEC defendant R. Allen Stanford attempted to “surrender” to the U.S. Marshal’s office in Houston yesterday, but had no luck. Bloomberg reports that according to Stanford’s lawyer, Dick DeGuerin, Stanford told the marshals he had come “to surrender, if you’ve got a warrant’’ and was simply told by marshals that there was…

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Thank You to Our Sponsors: Alvarez & Marsal and BDO Consulting

Thank you to Securities Docket website sponsors Alvarez & Marsal and BDO Consulting. Interested in becoming a Securities Docket sponsor? Click here. For 25 years, Alvarez & Marsal has set the standard for working with organizations to tackle complex issues, boost performance and maximize value for stakeholders. Alvarez & Marsal Dispute Analysis & Forensic Services (DA&F) professionals provide critical assistance…

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