The Daily Caveat is written by Michael Thomas, a recovering corporate investigator in the Washington, DC-area. [More]
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10/20/2008
Bankruptcy Offers No End to Lehman's Troubles
Milberg Prosecutor Moves to Mortage Backed Securities Matters
Credit Suisse Brokers Charged in Sub Prime Mortgage Fraud
FINRA Slaps former SAMCO Brokers
More Charges for Bear Stearns Managers? 11/20/2007
Regulators Rebuffed in Investigation of Cayman-Based bear Sterns Funds
Bear Sterns Faces Conflict of Interest Charges from Massachusetts Regulator
Bankruptcy Offers No End to Lehman's Troubles
Count 'em - three Federal criminal probes (Brooklyn, Manhattan and Newark) and 12 subpoenas for their trouble. Lehman is of course also one of the twenty-some-odd firms the FBI is investigating in their look at mortgage lending and securitization. More via Bloomberg.
-- MDT
9/19/2008
-- MDT
Labels: bankruptcy, Lehman Brothers, mortgage backed securities
Milberg Prosecutor Moves to Mortage Backed Securities Matters
Thomas O'Brien's got a band new bag. And a few critics.
-- MDT
9/09/2008
-- MDT
Labels: Milberg, mortgage backed securities, Thomas O'Brien
Credit Suisse Brokers Charged in Sub Prime Mortgage Fraud
Charges of conspiracy, wire and securities fraud for Julian Tzolov and Eric Butler, two former brokers at Credit Suisse Securities. This according to a recently unsealed federal indictment.
The two brokers have also been named in a civil suit from the SEC.
-- MDT
9/04/2008
The two brokers have also been named in a civil suit from the SEC.
-- MDT
Labels: Credit Suisse, Eric Butler, Julian Tzolov, mortgage backed securities
FINRA Slaps former SAMCO Brokers
A first strike on mortgage backed securities enforcement...
-- MDT
7/22/2008
-- MDT
Labels: FINRA, mortgage backed securities, SAMCO
More Charges for Bear Stearns Managers? 11/20/2007
Regulators Rebuffed in Investigation of Cayman-Based bear Sterns Funds
Regulators lack jurisdiction in the Caymans?
Exactly.
-- MDT
11/15/2007
Exactly.
-- MDT
Labels: Bear Stearns, colateralized debt obligations, hedge fund, mortgage backed securities
Bear Sterns Faces Conflict of Interest Charges from Massachusetts Regulator
The already reeling-from-writedowns Bear Stearns is facing charges that it violated the Massachusetts Uniform Securities Act. As you might expect, given the current business climate, this all finds its way back to hedge funds, colateralized debt obligations and the Cayman Islands.
-- MDT
-- MDT
Labels: Bear Stearns, colateralized debt obligations, hedge fund, mortgage backed securities
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