Monthly Archives: April 2009

Troubled Freddie Mac exec was “straight arrow”

The chief financial officer at Freddie Mac who died in an apparent suicide was a capable executive who had no involvement in any improper accounting, according to Freddie Mac’s federal regulator. “David (Kellermann) was a very conscientious and hard-working person … Continue reading

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Credit card stories? She’s heard ‘em all

Listen to Rep. Carolyn Maloney tell how she became interested in credit card reform legislation Tired of your mailbox being jammed with unsolicited credit card offers boasting too-good-to-be-true introductory rates and confusing terms in tiny print? So is Carolyn Maloney. … Continue reading

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SEC’s Schapiro says journalist job cuts worrying

Mary Schapiro, America’s new top cop for the securities industry, said the current mass culling of journalists’ jobs is a concern because it could reduce the number of leads that regulators get as they seek to crack down on nefarious … Continue reading

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SEC’s Schapiro shows little interest in Cox’s pet projects

When he was chairman of the Securities and Exchange Commission, Christopher Cox got slammed by many for failing to protect investors during the worst financial crisis since the Great Depression, including missing Bernie Madoff’s massive Ponzi scheme. Now, to add … Continue reading

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Barney Frank says “no right answer” to Merrill sale problem

Barney Frank indicated he isn’t as disturbed as some other lawmakers by revelations about the pressure that was brought to bear on Bank of America CEO Kenneth Lewis to complete the takeover of Merrill Lynch in the face of indications … Continue reading

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