FBI

Another bombshell dropped on Tuesday in the sprawling insider trading investigation being run out of Preet Bharara's office. The U.S. Attorney for the Southern District of New York unveiled an indictment against former SAC Capital portfolio manager Mathew Martoma accusing him of trading on inside...

If there is one thing that deserves our contempt more than anything else, it is people who preach one set of rules while seemingly unable to live up to those very same standards. Countless examples abound in business, religion and politics. One of the more interesting recent cases of "do as I say...

This is the second part of my discussion of N. Gregory Mankiw's column asserting that governmental competition is desirable for the same reason that private competition is. Mankiw was Chairman of President Bush’s Council of Economic Advisors from 2003-2005.  He was one of the principal architects...

A legal battle over a potential hack by a News Corp (NASDA: NWSA) subsidiary has been referred to the FBI. The Federal Reserve is preparing for the possibility that the United States could default. Greece is getting closer to being rescued, as German and French leaders have agreed to plans to...

Whitey Bulger told federal authorities that he traveled extensively during his 16-year life on the run, during which he was one of the most wanted men in the world. He recounted trips to Las Vegas, San Diego, Tijuana, Mexico, and even back to his old stomping grounds in Boston. The 81-year-old is...

Anonymous can now spend less time teaching new members and more time uncovering and releasing data proving government and corporate corruption, thanks to the United States government's inability to keep their anti-hacking materials from, well, hackers. (Yes, the irony is as delicious as mom's...

It's official: Sony (NYSE: SNE) is currently the most hacked and most embattled corporation of 2011. From the moment PlayStation Network was attacked, Sony has been faced with a series of unexpected challenges. From the House Committee hearing to a potential delay of PS Vita that was miraculously...

In light of the recent moves from the FBI to crack down on illegal online gambling, ESPN (NYSE: DIS) has removed all poker programming from its television networks. In an emailed statement to Bloomberg, ESPN said, “We are aware of the indictment only through what has been announced publicly. For...

The SEC has brought charges against a Silicon Valley lawyer, a New York proprietary trader, and an unnamed Long Beach, NY co-conspirator of engaging in a multi-decade insider trading scheme that netted at least $32 million in illicit profits. Matthew Kluger, an attorney who most recently worked at...

According to CNBC, Vincent McCrudden was arrested earlier today by the FBI for making threats to 47 "US financial regulatory officials." McCrudden, who was “the target of civil enforcement action by the CFTC,” made threats to CFTC, the SEC, and FINRA. Here is a copy of the email McCrudden wrote to...