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Market Cop: August 15, 2010 - August 21, 2010

SEC spins judge's words in defending Citigroup settlement

The SEC's argument to a federal judge about why she should approve the agency's proposed $75 million settlement with Citigroup goes something like this: Another judge in another case with another bank said that judges should generally, but not always,...

By Zachary Goldfarb  |  August 17, 2010; 8:31 AM ET  |  Permalink  |  Comments (1)
 
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Managing Wall Street banker compensation

In the years before the crisis, bank executives made millions in short-term profits even when those profits turned out to be fleeting and the risky decisions the executives made turned out to be disastrous.

By Zach Goldfarb  |  August 16, 2010; 1:22 PM ET  |  Permalink  |  Comments (3)
 
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