Daily Archives: September 14, 2016, 4:48 pm

Law clerk in napkin-chewing insider case gets nearly 4 years prison | Reuters

The former law firm clerk whose tips about corporate mergers fueled an insider trading scheme in which one participant ate evidence written on napkins and Post-its in Grand Central Terminal was sentenced to nearly four years in prison on Wednesday. Steven Metro, a former managing clerk at Simpson Thacher & Bartlett, received his 46-month sentence from U.S. District Judge Michael…

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Greenberg’s ‘Day of Reckoning’ Over AIG Fraud Claims Arrives – Bloomberg

More than 11 years after he was sued by former New York Attorney General Eliot Spitzer, Greenberg went on trial Tuesday to fight claims that he and former Chief Financial Officer Howard Smith rigged the books with two sham transactions at AIG to hide the insurer’s true financial condition. via Greenberg’s ‘Day of Reckoning’ Over AIG Fraud Claims Arrives –…

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Boulder County settles with SEC for failure to properly disclose finances in bond filings – Boulder Daily Camera

Boulder County has entered a settlement with the U.S. Securities and Exchange Commission over its failure to properly file its financials prior to selling millions of dollars in bonds, as required by law. County officials said the settlement, in which the county neither admits or denies wrongdoing, centers on a period from 2007 to 2009 when the county missed important…

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