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Citigroup fined in part for 'idea dinners'

Citi Building Sign

At a July 2011 dinner for Citigroup clients, a research analyst identified a stock to bet against. In his last research notes before that gathering, he upgraded the shares, advising investors to stick with them.

HFT critic Michael Lewis 'dead wrong'

Michael Lewis - Flash Boys

As the debate over high-frequency trading continues, a new book is out defending the practice, with its author calling critic Michael Lewis "dead wrong."

Martoma begins prison sentence for insider trading

Prison Bars

Mathew Martoma has started his nine-year prison term for insider trading at a “low security” federal prison in Miami at a time that most of the former hedge fund traders and analysts also convicted in the federal government’s long-running investigation have paid their debt to society.

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