BROWSE BY TOPIC
- Bad Brokers
- Compliance Concepts
- Investor Protection
- Investments - Unsuitable
- Investments - Strategies
- Investments - Private
- Features/Scandals
- Companies
- Technology/Internet
- Rules & Regulations
- Crimes
- Investments
- Bad Advisors
- Boiler Rooms
- Hirings/Transitions
- Terminations/Cost Cutting
- Regulators
- Wall Street News
- General News
- Donald Trump & Co.
- Lawsuits/Arbitrations
- Regulatory Sanctions
- Big Banks
- People
TRENDING TAGS
Stories of Interest
- Sarah ten Siethoff is New Associate Director of SEC Investment Management Rulemaking Office
- Catherine Keating Appointed CEO of BNY Mellon Wealth Management
- Credit Suisse to Pay $47Mn to Resolve DOJ Asia Probe
- SEC Chair Clayton Goes 'Hat in Hand' Before Congress on 2019 Budget Request
- SEC's Opening Remarks to the Elder Justice Coordinating Council
- Massachusetts Jury Convicts CA Attorney of Securities Fraud
- Deutsche Bank Says 3 Senior Investment Bankers to Leave Firm
- World’s Biggest Hedge Fund Reportedly ‘Bearish On Financial Assets’
- SEC Fines Constant Contact, Popular Email Marketer, for Overstating Subscriber Numbers
- SocGen Agrees to Pay $1.3 Billion to End Libya, Libor Probes
- Cryptocurrency Exchange Bitfinex Briefly Halts Trading After Cyber Attack
- SEC Names Valerie Szczepanik Senior Advisor for Digital Assets and Innovation
- SEC Modernizes Delivery of Fund Reports, Seeks Public Feedback on Improving Fund Disclosure
- NYSE Says SEC Plan to Limit Exchange Rebates Would Hurt Investors
- Deutsche Bank faces another challenge with Fed stress test
- Former JPMorgan Broker Files racial discrimination suit against company
- $3.3Mn Winning Bid for Lunch with Warren Buffett
- Julie Erhardt is SEC's New Acting Chief Risk Officer
- Chyhe Becker is SEC's New Acting Chief Economist, Acting Director of Economic and Risk Analysis Division
- Getting a Handle on Virtual Currencies - FINRA
ABOUT FINANCIALISH
We seek to provide information, insights and direction that may enable the Financial Community to effectively and efficiently operate in a regulatory risk-free environment by curating content from all over the web.
Stay Informed with the latest fanancialish news.
SUBSCRIBE FOR
NEWSLETTERS & ALERTS
FOLLOW US
Jon Corzine is Back in the Headlines
[NYPost.] Thanks to the upcoming MFGlobal trial involving accounting firm PricewaterhouseCoopers, Jon Corzine will once again be featured in financial services headlines. Corzine, who had served as Managing Partner at Goldman Sachs. Governor and U.S. Senator of New Jersey, and Chairman and CEO of MFGlobal, has been largely out-of-sight since the commodity brokerage firm imploded in 2011.
But, as soon as next week, he may be called upon to testify in Manhattan federal court. MFGlobal, now bankrupt, is suing its former accountants, PricewaterhouseCoopers, for $3 billion. The charge: PwC signed off on risky debt trades that triggered the firm’s downfall. Interestingly, Corzine may have something to gain personally out of this lawsuit, given that he was one of the firm’s largest individual shareholders at the time it imploded.
“If not for PWC’s egregious negligence, MFGlobal would not have failed,” said MF Global’s lead attorney Daniel Fetterman.
PwC has denied that it played any role in the risky trades.
The trial is expected to last 5 weeks.
Also Read in Financialish:
CFTC Reach $5Mn Settlement With John Corzine in MF Global Case [1/5/17]
Corzine Bet $11.5B on Sovereign Debt, Short-Term Hedges [11/29/11]
