Former International Monetary Fund Managing Director Dominique Strauss-Kahn pleaded not guilty three weeks after his arrest on charges of sexually assaulting and trying to rape a Manhattan hotel maid.
Yep, $32bn in losses over the next three years relating to the US housing market. And it's Bank of America (BAC).
Goldman's ex-partners are preparing for their 6-monthly dinner next month, when they meet former colleagues, exchange market gossip and discuss the challenges facing the firm and the industry.
Here's 7 key statistics about SEC enforcement actions addressing misconduct that led to, or arose from, the financial crisis.
Despite some recent signs of economic recovery, 63% of Americans continue to feel 'not good' or 'bad' about the state of the U.S. economy, representing a significant increase from May 2010 when only 49% of Americans felt this gloomy.
by Jesse Eisinger and Jake Bernstein, ProPublica.
Rating agency Moody's Investors Services has said that it may downgrade the debt ratings of Bank of America, Citi and Wells Fargo over concerns about the political willingness of the US government to support banks in the event that they get themselves into further trouble.
US Federal Court, Alexandria, Virginia - 42-year-old former Wachovia bank manager Linda Tribby got a 7 year jail term last week, after pleading guilty to one count of bank fraud in March.
Hedge fund manager John Paulson is said to have been nursing a paper loss of up to $460m Friday, after a long position in Sino-Forest Corporation (Sino-Forest), a commercial forest plantation operator in the People Republic of China, got bashed big time last week.
How dumb can you be ? Pretty dumb, it seems.