Daily Archives: September 11, 2013, 4:51 pm

SEC Probing Schilling’s Failed 38 Studios Video-Game Bond Deal – Bloomberg

The U.S. Securities and Exchange Commission is investigating a $75 million financing by a Rhode Island agency for Curt Schilling’s bankrupt video-game company. The Rhode Island Economic Development Corp. sold federally taxable municipal bonds backed with the state’s moral obligation to induce the former Boston Red Sox pitcher to move 38 Studios LLC from Massachusetts to Providence in 2010. The…

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Ex-Wall Street chieftains living large in post-meltdown world — Center for Public Integrity

Many of the top Wall Street bankers who were largely responsible for the disaster — and whose companies either collapsed or accepted billions in government bailouts — are also unemployed. But since they walked away from the disaster with millions, they’re juggling their ample free time between mansions and golf, skiing and tennis. Meantime, the major banks that survived the…

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SEC Quietly Reinstates Spencer Barasch to Practice Before Commission After One-Year Bar – Compliance Week

On September 5, 2013, the SEC quietly issued an Order stating that Spencer C. Barasch was reinstated to practice as an attorney before the Commission. The Order seems to bring to a conclusion an over eight-year saga in which Barasch went from being an associate district director for the SEC’s Division of Enforcement in its Fort Worth office to what I…

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DOJ Official Avi Gesser Returns to White Collar Criminal Defense Practice at Davis Polk — Davis Polk press release

Davis Polk & Wardwell LLP today announced that Avi Gesser, an official with the U.S. Department of Justice, will rejoin the firm’s Litigation Department as a partner. He will work with the firm’s top-ranked White Collar Criminal Defense Group and will represent clients in a wide range of white collar criminal defense matters and investigations as well as complex commercial…

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