The Money Is Gone
After a stock analyst lost $1 million on one penny stock, he set off to find out how — and soon discovered signs of a far bigger scheme than he had ever imagined.
329 posts found for ‘Private equity ’
Were Paper Losses the Goal All Along?
If your goal is to launder money through a brokerage account, paper losses are worth serious money. Buying imaginary shares of a stock guaranteed to lose value is an awesome way to do that. You just need someone to set it up.
Chris Matthews's "Hardball" Guests Have Given $79,050 to His Wife Kathleen's Congressional Campaign
The transparency Chris Matthews promised when it came to his relationship with his wife's campaign has not extended to mentioning all the donations from his guests.
Hillary Clinton Made More in 12 Speeches to Big Banks Than Most of Us Earn in a Lifetime
Democratic presidential candidate Bernie Sanders this week assailed Clinton for taking large speaking fees from the financial industry since leaving the State Department.
Hillary Clinton and Bernie Sanders Brawl Over His "Insinuation" That She's Corrupt
Sanders and Clinton went head to head Thursday night over the effects of taking massive amounts of money from corporate special interests.
Big Players, Little Stocks, and Naked Shorts
A self-appointed stock sleuth finds financial giants trading extensively in little penny stocks like the one he owned that tanked. And he learns something amazing: Some brokers can sell shares that don’t actually exist.
Ted Cruz Hates "New York Values" But Sure Loves New York Money
Does Cruz's critique of New Yorkers apply to the New Yorkers bankrolling his campaigns?
Clinton, Rubio, Cruz Receive Foreign Policy Advice From Same Consulting Firm
Consultants affiliated with Beacon Global Strategies provide high-profile foreign policy guidance to Democratic and Republican presidential candidates.
Ex-White House Officials Criticize Vague Rules Around Disclosure of Hacking Tools
When government officials discover a new vulnerability they can use to hack into people's computers, they have a decision to make.
Pentagon Task Force Spent Nearly $150M on Villas and 3-Star Meals in Afghanistan
The inspector general wants to know why a task force charged with developing the Afghan economy spent 20 percent of its budget on private villas, security guards and luxury meals.