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Ex-Angels player Doug DeCinces indicted in insider-trading case
L.A. NOWFormer Angles baseball player Doug DeCinces and three others were indicted on insider trading charges for allegedly using non-public information to buy stock in a Santa Ana medical device company, federal authorities said Wednesday afternoon.... -
Freddie Mac: 30-year mortgage rate hits 3.4%, highest in 8 weeks
With employment improving and the fiscal cliff averted, fixed mortgage rates have jumped to their highest level in two months, with lenders offering the 30-year home loan at 3.4% this week, up from 3.34% last week, according to Freddie Mac. The...Tags: Mortgages, Financial and Business Services, Freddie Mac, Labor Markets, Fiscal Cliff
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Corporations and execs need penalties that hurt
If you're concerned about corporate crime, 2012 looked like a pretty successful year for the good guys. The Thousand Oaks biotech giant Amgen paid $762 million in fines and penalties and pleaded guilty to a federal charge related to illegal marketing of...
Tags: U.S. Securities and Exchange Commission, Punishment, Abbott Laboratories, Criminals, Amgen Inc.
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Fed's easy money will eventually trigger inflation
Bar the door, Nelly — the Fed has abandoned all restraint and will now print money to finance the federal deficit. To support the weak recovery, the Federal Reserve continues to keep short-term interest rates near zero, purchase mortgage-backed...Tags: Government Debt, Ben Bernanke, Politics, Money and Monetary Policy, Financial Markets
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Fed renews stimulus efforts, ties interest rates to jobless rate
WASHINGTON -- The Federal Reserve, maintaining its aggressive efforts to stimulate a slow-growing economy burdened by high unemployment, said it would continue its large-scale bond-buying programs in the new year and, for the first time, announced...Tags: Consumer Confidence, Unemployment, Ben Bernanke, Money and Monetary Policy, Bonds
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T. Rowe Price, Legg Mason get approval to launch active ETFs
Baltimore-based money managers T. Rowe Price and Legg Mason Inc. may offer actively managed exchange-traded funds after receiving a thumbs up from regulators. The Securities and Exchange Commission approved Price's application earlier this month to be...
Tags: U.S. Securities and Exchange Commission, Research, Legg Mason, Inc., Personal Finance, Marketing
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Durham sentenced to 50 years in prison for investment scam
Reality caught up with disgraced Indianapolis financier Tim Durham Friday afternoon. A judge sentenced him to 50 years in prison for his role in a Ponzi scheme that took more than $250 million from investors. Standing before federal Judge Jane Magnus-...
Tags: Prosecution, Judges, Prisons, Crime, Law and Justice, Economy, Business and Finance
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Rosenthal: Shivers in Chicago as ICE plans takeover of NYSE Euronext
Never mind that winter is upon us. It is the chill of ICE from Atlanta descending on New York causing goose bumps for those connected with Chicago's trading exchanges. No one knows for certain what the impact will be of upstart IntercontinentalExchange'...Tags: U.S. Securities and Exchange Commission, NASDAQ, Stock Market, Chicago Board Options Exchange, U.S. Immigration and Customs Enforcement
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Hewlett-Packard reports Justice Department fraud probe at Autonomy
This post was updated at 3:40 p.m.The U.S. Department of Justice has officially opened an investigation into allegations made by Hewlett-Packard that the company had uncovered widespread accounting fraud at Autonomy, the British software maker it acquired for $11 billion last year. HP...Tags: U.S. Securities and Exchange Commission, Crime, Law and Justice, Justice System, Computing and Information Technology Industry, U.S. Department of Justice
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Former Oriole Doug DeCinces indicted on insider trading charges
Former Orioles third baseman Doug DeCinces was indicted Wednesday, along with three friends, by a federal grand jury in California on securities fraud charges, for allegedly cashing in on inside information about the acquisition of an Orange County...
Tags: Insider Trading, U.S. Securities and Exchange Commission, Timonium, Punishment, Abbott Laboratories
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The risks and rewards of 'auteur' filmmaking
Nicholas Jarecki was in trouble: He couldn't come up with the perfect line for Susan Sarandon to say to Richard Gere for a particular scene in "Arbitrage." He needed a catchphrase a business tycoon would have invented. But as a film writer and director...Tags: Entertainment, Silver Linings Playbook (movie), Wes Anderson, Cloud Atlas (movie), Moonrise Kingdom (movie)
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American Cinematheque honors two Oscar hopefuls
With awards season in full swing, two Oscar hopefuls -- director Robert Zemeckis ("Flight") and actor Richard Gere ("Arbitrage") -- are being feted with retrospectives at the American Cinematheque. "Who Framed Smart Entertainment: An In-Person Tribute...
Tags: Pocahontas, Tourism and Leisure Industry, Denzel Washington, Sigourney Weaver, Kathleen Turner
Nov 28, 2012
| Los Angeles Times
Jan 10, 2013
|Story| Los Angeles Times
Jan 5, 2013
|Column| Los Angeles Times
Dec 13, 2012
|Story| Baltimore Sun
Dec 12, 2012
|Story| Los Angeles Times
Jan 14, 2013
|Story| Baltimore Sun
Nov 30, 2012
|Column| WXIN-LTV
Dec 21, 2012
|Column| Chicago Tribune
Dec 27, 2012
|Story| Los Angeles Times
Nov 28, 2012
|Story| Baltimore Sun
Nov 29, 2012
|Story| Los Angeles Times
Nov 22, 2012
|Story| Los Angeles Times
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