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Citigroup Argues To Move Terra Firma Lawsuit To London

NASDAQ, Mar 04, 2010 / NEW YORK -(Dow Jones)- Citigroup Inc. (C) argued in a hearing in Manhattan Thursday that the lawsuit Terra Firma Capital Partners has filed against it, claiming the bank made false statements when it sold EMI Group Ltd. to Terra Firma in 2007, should be moved to London.

Internet job site exec's cooperation earns no jail

CBS - NewsChannel 7 - Spartanburg SC, Mar 02, 2010 / A former top executive of the company that runs the Monster job search Web site will not go to jail because he cooperated extensively after admitting to illegally backdating stock options.

SEC's Schapiro Given Free Pass By Rakoff

Forbes, Mar 01, 2010 / Securities and Exchange Commission Chairman Mary Schapiro and the organization she previously ran, the Financial Services Regulatory Authority, won a legal victory Monday when a federal judge effectively declared that the only one who can sue them is--Mary Schapiro.

The Depressing Tone of BofA

Compliance Week, Mar 01, 2010 / Sometimes corporate leaders step up and do the simple, ethical thing, and their tone at the top is a harmonized chorus delightful to hear.

Judge approves BoA's $150m settlement with SEC

The Royal Gazette, Feb 25, 2010 / A federal judge said he would reluctantly approve an amended $150 million settlement between the Securities and Exchange Commission and Bank of America to end civil charges accusing the bank of misleading shareholders when it acquired Merrill Lynch.

Airport set for briefing on service

The Journal Gazette - Fort Wayne IN, Feb 23, 2010 / Fort Wayne International Airport officials are scheduled to make an “air service announcement” at 10 a.m. today at the terminal.

Federal judge approves settlement over SEC charges

AOL Money & Finance, Feb 22, 2010 / U.S. District Court Judge Jed Rakoff said Monday he approved the pact after the two sides agreed to make changes in their original agreement.

Rakoff Round-up: Slamming JP Morgan And Telling The SEC And Galleon Defendants To Sit And Wait

ClusterStock, Feb 22, 2010 / Being a federal judge in the Southern District of New York means you see all sorts of high profile cases.

Is The NYT Ignoring A JPMorgan Bombshell Because It Makes Investor Carlos Slim Look Bad?

The Business Insider, Feb 20, 2010 / That's the thesis put forward by James Ledbetter at the Big Money , who wonders why the New York Times hasn't written about a judge's withering smackdown of JPMorgan, and a complaint that the bank screwed over one client for the benefit of Mexian billionaire Carlos Slim. Basically -- as first reported by Felix Salmon this week -- Federal Judge Jed Rakoff slammed the bank for attempting a deal that would have allowed Carlos Slim to take control of some debt of rival Grupo Televisa, and allow him access to all kinds of Grupo Televisa company secrets.

Rakoff Slams J.P. Morgan Over Loan

The Wall Street Journal, Feb 19, 2010 / A federal judge has rebuked J.P. Morgan Chase & Co. for taking part in an what he called an "end run, if not a down right sham" in the way it arranged a $225 million loan deal for Mexican telecom company Empresas Cablevisión S.A.B. de C.V. In a ruling unveiled late last month in U.S. District Court in Manhattan, Judge Jed Rakoff said the New York bank structured the deal so it would have allowed a major competitor of Cablevision to gain confidential information about the company, which is Mexico's largest cable-television operator.

Judge Weighs Delay in Galleon Civil Trial

The New York Times - New York NY, Feb 19, 2010 / A federal judge reserved ruling on Friday on requests to suspend the civil trial of Galleon hedge fund founder Raj Rajaratnam and other defendants on insider-trading charges in order to give a criminal trial precedence.

SEC: BofA didn't fire...

Townhall.com , Feb 17, 2010 / Bank of America Corp fired its general counsel in December 2008 to keep Brian Moynihan, now its chief executive, from leaving the bank, and not because of legal advice concerning the takeover of Merrill Lynch & Co, the Securities and Exchange Commission said.

Judge Rakoff: IRS letter about payment to NYSE members will remain sealed

Investment News, Feb 16, 2010 / A federal judge yesterday declined to unseal a March 2007 IRS opinion letter that laid out guidelines for the payment the NASD made to member firms following the 2007 merger with the NYSE.

SEC deal won't end BofA woes

The Charlotte Observer - Charlotte NC, Feb 16, 2010 / Bank of America shareholders probably won't get rich off any settlement the bank makes with the Securities and Exchange Commission, but they might get some ammunition for future lawsuits.

Home price increases spread to more cities

The Washington Post - Washington DC, Feb 12, 2010 / The National Association of Realtors said the median sales price for previously occupied homes rose in 67 out of 151 metropolitan areas in the October-to-December quarter vs. a year earlier.

Rajaratnam wins ruling, wiretap turnover on hold

Times Live - South Africa, Feb 12, 2010 / District Court Judge Jed Rakoff ordered Rajaratnam and co-defendant Danielle Chiesi to surrender the recordings to the US Securities and Exchange Commission by Feb. 15.

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Wikipedia

Jed Saul Rakoff (born August 1, 1943) is a United States District Judge for the Southern District of New York.

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