Stacey Vanek Smith
Mar 29, 2013 What do a $155 million Picasso, a $60 million Hamptons home, a $600 million fine and a trader in handcuffs have in common? The answer: a tumultuous week for high-profile hedge-fund titan Stephen A. Cohen.
Mar 20, 2013 U.S. Treasury Secretary Jack Lew is in Beijing this morning wrapping up his two-day visit to China. It's his first foreign trip in his new role and the first high-level talks between the U.S. and China in six months.
Jun 18, 2013 New Treasury Secretary Jack Lew's signature will begin to appear on new dollar bills this year. President Obama nominated Lew to the post earlier this year.
Jan 10, 2013 In a few hours President Obama is expected to nominate White House Chief of Staff Jacob Lew as the next Treasury Secretary. He brings a very different type of experience to the job than current secretary Timothy Geithner.
Jan 9, 2013 Multiple news outlets are reporting that President Obama will put forth Jack Lew as his nominee to be the next Secretary of the Treasury in an announcement tomorrow.
Nov 29, 2012 Insider trading charges could be coming to one of the nation’s biggest hedge funds: SAC Capital Advisors. But will investigators implicate the hedge fund's owner?
Nov 21, 2012 U.S. prosecutors have filed their biggest-ever case of insider trading. The allegation: SAC Capital Advisors, a hedge fund, got early warning about the failure of an Alzheimer's drug in clinical trials. That info let the fund sell its holdings in the companies behind the drug, and reap $276 million.
Jul 23, 2012 Former TARP Inspector General Neil Barofsky talks about his new tell-all, "Bailout," on what went on during the height of the financial crisis.
Jul 2, 2012 The brother of Bernie Madoff pleaded guilty on Friday and he's looking at 10 years in prison. But why are there so many insider trading prosecutions, but hardly any other prosecutions of the big fish on Wall Street?
May 23, 2012 The shareholder lawsuit against Facebook and its banking partners argues they made a "severe and pronounced reduction" to the company's revenue projects days before the initial offering but hid it from the public.