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Showing 581 - 590 of 794 results for "fraud"

Dob in a fraud: CalPERS

RUTH LIEW  |  THURSDAY, 16 SEP 2010
Notice a fraud activity at your super fund? Members of the US' largest public pension fund CalPERS can now complain about fraudsters following the launch of an ethics helpline. The helpline will enable the pension fund to receive tips, concerns and ...

SEC charges New Jersey with fraud

RUTH LIEW  |  FRIDAY, 27 AUG 2010
The US financial watchdog has cracked down on the state of New Jersey for securities fraud pertaining to fake municipal bond offerings and underfunding two of the state's largest pension funds. Mid this month, the Securities and Exchange Commission ...

Basis Yield lawsuit continues

COMPANY RELEASE  |  THURSDAY, 26 AUG 2010
... Yield Alpha Fund (Master) (BYAFM) released a statement responding to the Goldman Sachs motion to dismiss BYAFM's security fraud suit that is currently pending in federal court in New York. Goldman Sachs has now argued that the case is a foreign transaction ...

Former liquidator face 19 ASIC charges

ELISE BURGESS  |  TUESDAY, 24 AUG 2010
... between 9 June 2006 to 29 March 2009. He is charged with allegedly transferring $1.18 million of funds with the intention of fraud against HR Cook Investments. Falling under section 176A of the NSW Crimes Act, Ariff is facing 13 charges under this act ...

Bending it like Bernanke

BENJAMIN ONG  |  WEDNESDAY, 11 AUG 2010
You asked for it! Mo' money's in the mail. Bernanke bends to the markets. Just when we thought we've seen it all, along comes the Fed kowtowing to the whims of the financial markets. Yes Virginia, the Fed announced that it would reinvest the proceeds ...

Half-filled

BENJAMIN ONG  |  WEDNESDAY, 21 JUL 2010
... with investors putting a positive spin on the negative news. It could only go up from here, particularly now that the civil fraud allegations against the company have been settled. Johnson & Johnson's second quarter bottomline number was in line with ...

US pension funds get $800m from class action

MEDIA RELEASE  |  MONDAY, 19 JUL 2010
... International Group and certain individual directors and officers. The settlement resolves allegations of AIG's wide-ranging fraud from October 1999 to April 2005 involving anti-competitive market division, accounting violations and stock price manipulation ...

Saved by BP and Goldman

BENJAMIN ONG  |  FRIDAY, 16 JUL 2010
... by 4.4 per cent first on speculation that the Securities and Exchange Commission (SEC) would announce a settlement of its fraud case. The SEC did after the closing bell. In settling the fraud charges, Goldman agreed to pay US$550 million as penalty and ...

Market Wrap - Morning

AAP  |  FRIDAY, 16 JUL 2010
... markets as Wall Street traders examined the details of an overhaul of the US financial system and Goldman Sachs' settlement of fraud charges. At 0735 AEST on the Sydney Futures Exchange, the September share price index contract was eight points lower ...

GESB can manage tougher measures on capital reserves

MICHAEL HOBBS  |  FRIDAY, 9 JUL 2010
... is a good policy for fund members. "Far from disadvantaging members, an operational reserve protects them in instances of fraud, pricing error or system failure," she said. The super fund's asset consultant, Mercer Investment Consulting, also supported ...