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BofA, JPMorgan, Ex-UBS Trader, Foreclosure Deal, Goldman in Court News Kweku Adoboli, the former UBS AG (UBSN) trader who is accused of causing the largest loss from unauthorized trading in British history, pleaded not guilty to fraud and false accounting. The Briefcase: Local foreclosure rate inched up in November The foreclosure rate increased slightly in the Winston-Salem metropolitan statistical area during November, according to a national real estate research group. Mitt's Mixed Day, Poor People and Glitter, Fact Checking the Obama Economy, A New Role in Afghanistan (PM NOTE) Things we’re tracking – Panetta’s Says Afghan Combat Role Will End Next Year – http://abcn.ws/AlI1p5 Mitt’s Mixed Day – Good News, Poor People and Glitter - Good News - Mitt Romney was probably walking in a shiny, happy cloud of euphoria this morning. He won... Mortgage Investigations, Media Ethics, Dow, Sabre, MBIA-BofA in Court News Singapore Exchange withdrew a lawsuit filed to force China Sky Chemical Fibre Co. (CSCF) to comply by listing rules, and said lawyers for both sides met after the company ignored a deadline to appoint a special auditor. Insider Trading, Goldman, Carlyle, Ally, TD in Court News Seven men, including fund managers and analysts, were charged by the U.S. with forming a “criminal club” of friends and co-workers who reaped almost $62 million from insider trading in Dell Inc. (DELL) shares. Deutsche Boerse-NYSE, Gupta, Muni Bonds: Compliance European Union regulators vetoed a plan by Deutsche Boerse AG (DB1) and NYSE Euronext (NYX) to create the world’s biggest exchange after concluding that the merger would hurt competition. Commerzbank, JPMorgan, Megaupload, Goldman, Macy’s, HSBC in Court News More than 100 bankers claim Commerzbank AG (CBK) broke a pledge by Dresdner Bank, which it bought in 2009, to set aside about $516 million for bonuses and are asking a U.K. court this week to order that they be paid. BofA, Commerzbank, S&P, Adelphia, Greenlight in Court News Bank of America Corp. is impeding an investigation of its loan modification practices by negotiating settlements with borrowers who must agree to keep them secret and not criticize the bank in exchange for cash payments and loan relief, Arizona officials say. Hammer Falls on Home Auctions in Australia as Market Stalls A year ago, when Sydney property agent Peter Green’s clients decided to sell, half opted for auctions, betting competition among buyers would deliver them the best price. Today, less than one in five take that chance. |
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