Wall Street Fraud

Carlyle Group by JT2016

Madoff Records Are “Utterly Unreliable”

Dec. 17 (Bloomberg) — Bernard Madoff’s ability to avoid scrutiny from U.S. regulators for years shows that the monitoring system is “broken and has to be fixed,” former Securities and Exchange Commission Chairman Arthur Levitt said. Levitt, a senior adviser to Carlyle Group, said today in a Bloomberg Radio interview that the SEC must respond […]

Wall Street Fraud by JT2016

National Lampoon Chief Busted For Stock Fraud

RITA K. FARRELL THE NEW YORK TIMES The chief executive of National Lampoon, Daniel S. Laikin, was charged on Monday with conspiracy and securities fraud in what prosecutors said was an attempt to raise the value of the company’s stock artificially. The National Lampoon, a media company in Los Angeles with projects in feature films, […]