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Associated Press

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Topic

E-Trade snags Citi exec Freiberg as new CEO

E-Trade Financial Corp. has tapped former Citigroup Inc. executive Steven Freiberg as its new CEO, starting next month.

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  • News
  • December 23, 2011

Scott Rothstein cops to operating $1.2B Ponzi scheme

A disbarred attorney who courted politicians and star athletes and led a flamboyant lifestyle even by flashy South Florida standards pleaded guilty Wednesday to federal charges that he ran a $1.2 billion Ponzi scheme.

Topic
  • News
  • December 23, 2011

Rothstein Ponzi victims may get paid back in AmEx points

A Florida lawyer charged in a $1.2 billion fraud apparently heeded the American Express slogan "Don't leave home without it."

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Accused Ponzi schemer’s Ferrari, Rolls Royce get special protection

A federal judge is making sure nothing happens to assets seized from a South Florida lawyer charged with operating a $1 billion Ponzi scheme.

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TD Bank assisted in Ponzi scheme, $100M lawsuit claims

Investors claiming they were fleeced by a high-profile South Florida attorney filed a $100 million lawsuit Friday contending that the lawyer orchestrated a massive Ponzi scheme with the help of a Canadian bank's U.S. subsidiary and several accomplices.

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Corzine returns to Wall Street as boss of brokerage MF Global

Former Goldman Sachs boss -- and onetime N.J. governor -- Jon Corzine finds a new challenge: righting the ship at struggling brokerage MF Global

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TD Ameritrade profits up on thinkorswim buy

TD Ameritrade Holding Corp. said Tuesday its second-quarter profit jumped 23 percent thanks to its latest acquisition.

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Is TD Ameritrade setting the stage to buy E-Trade?

E-Trade Financial Corp. shares surged late Wednesday after media reports fed speculation that rival online broker TD Ameritrade Holding Corp. could make a bid for the company.

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Wall Street mobilizes to declaw Dodd bill

On Monday, Sen. Christopher Dodd unveiled his latest plan to clamp down on financial services providers. On Tuesday, bankers and their lobbyists descended on Capitol Hill. A connection?

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Fed Chairman Ben Bernanke makes case to keep all banking duties

Federal Reserve Chairman Ben Bernanke urged Congress Wednesday to let the Fed keep all of its banking oversight, arguing that information gleaned from that process helps the central bank guide the economy.