Five former employees of Bernard L. Madoff presented a video evidence to court today to convince the jury that their ex-boss had conned them into helping him operate his $17 billion Ponzi scheme.
Bank of England's Prudential Regulation Authority Chief Executive Officer Andrew Bailey denied allegations regarding the central bank condoning the practice of traders sharing impending customers via chat rooms, said a Bloomberg report.
The Wall Street Journal reported that the unusual alliance of the US government and conservative lawmakers indicate a shift in how politics view crime in light of the swelling population in US prisons.
Investors in Global A&T Electronics, including private equity firms Blackstone Group and Farallon Capital Management, has filed a class suit against the company, seeking the reversal of a $500 million debt swap deal.
