Monthly Archives: April 2003

Former employees banned from securities industry

Two well-known employees from the Internet era have been fined for millions of dollars and given lifetime bans from the …

Wall Street Firms Unable to Claim Fines as Tax Deductions

The corporate fraud mess has finally reached a settlement after months of trying to come to an agreement. Ten of …

Largest overall monetary payment in Wall Street history finalized

Considered the largest overall monetary payment in Wall Street history, after four months of quibbling over the final terms of …

Result of Wall Street settlement

A $1.4 billion global research settlement was finally reached, changing the way Wall Street will do business in the future. …

Ten firms involved in April 2003 finalized global settlement

Bear, Stearns & Co. Inc Credit e First Boston LLC Goldman, Sachs & Co. Lehman Brothers Inc. J.P. Morgan Securities …