from Alison Frankel:

U.S. judge refuses to toss Libor criminal complaint vs. Swiss UBS trader

By Alison Frankel
March 23, 2015

There are so many interesting jurisdictional issues in the U.S. government's prosecution of foreign bankers allegedly involved in the manipulation of benchmark London Interbank Offered Rates, calculated in London under the auspices of the British Bankers' Association. Last December, Covington & Burling laid out at least three solid arguments for why U.S. courts shouldn't hear the government's criminal case against Roger Darin, a Swiss UBS interest-rate trader charged with one count of conspiracy to commit wire fraud by supposedly submitting false reports of UBS' yen Libor, including the territorial limits of the U.S. wire fraud statute and Darin's due process right not to be tried in U.S. courts for conduct that took place entirely outside of the United States.

from Unstructured Finance:

The law catches up to TL Gilliams

October 6, 2011

By Matthew Goldstein

Tyrone Gilliams Jr. wanted to live a larger than life story--with much of it playing out last year in videos he had produced and plastered all over the Internet. A year later, Gilliams true life drama has him fighting to maintain his freedom.

from Blogs Dashboard:

Remember the Philly trader?

October 5, 2011

Back in May, Matthew Goldstein wrote about commodities trader and hip-hop promoter Tyrone Gilliams in the special report “A fame-seeking Philly trader’s rap falls flat.”

from Unstructured Finance:

Deutsche’s he said/she said derivatives mystery

June 25, 2011

By Matthew Goldstein

Valuing derivatives--especially complex ones tied to esoteric assets--is always a tough proposition. And maybe that's what a previously unknown whistleblower action involving Deutsche Bank is all about.

from Reuters Investigates:

A one-woman Enron

November 15, 2010

roqumoreOur latest special report, "Was a Houston energy trader a one-woman Enron?" examines the case of an obscure energy trader in Houston who prosecutors say managed to scam $6.8 million from major energy companies.

from Summit Notebook:

If you know a trader, buy him a drink

June 11, 2008

askari.jpg "You know, I've lost more money in smaller positions and made more money in smaller positions in the last year than I have in 12 because of the spikes. Volatility has been unbelievable," Firas Askari, head of foreign exchange trading at BMO Capital Markets, said at the Reuters Investment Outlook Summit.