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J.P. Morgan To Pay $153.6m To Settle 'Pregnant' Deal


The Securities and Exchange Commission (SEC) has announced that J.P. Morgan Securities LLC will pay $153.6m to settle SEC charges that it misled investors in a complex mortgage securities transaction just as the housing market was starting to plummet.

Institutional Investors 2011 Hedge Fund 30 Rising Stars

Hedge Fund

This year’s list of Institutional Investor Hedge Fund 30 Rising Stars were chosen not just for their professional expertise and reputations, but also for their willingness to think and do things differently. They represent the range and diversity that hedge funds embrace and from which their success is derived.

One Of The Biggest Trading Losses Ever

Leaves And Trees

Hedge fund guru John Paulson has taken one of the biggest trading baths ever, allegedly losing up to $720m in the position he took in Chinese commercial forest plantation operator Sino-Forest.

JPMorgan & Royal Bank of Scotland Sued For Over $800m Damages


The US National Credit Union Administration (NCUA) has filed two suits against securities firms alleging violations of federal and state securities laws and misrepresentations in the sale of hundreds of securities. Additional law suits may follow in order to recover losses from the purchase of securities that caused the failures of five, large wholesale credit unions.