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Bankruptcy, Scandal Have California Town Reeling

SAN FRANCISCO (Nov. 18) -- Farmers in the Eel River Valley dairy lands of Northern California looked up to Rich Ghilarducci. He ran the Humboldt Creamery, a thriving cooperative that increasingly pushed organic products. The former mayor of the town of Rio Dell made major contributions to local charities and headed the...

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THE HUFFINGTON POST - BUSINESS

Gupta's Alleged Insider Tip On Buffett-Goldman Deal, 'As Top Secret As You Could Get'

The deal that gave Goldman Sachs Group Inc a $5 billion boost from renowned investor Warren Buffett at the height of the 2008 financial crisis was "as top secret as you could get," a leading banker testified at the insider-trading trial of onetime Goldman board member Rajat Gupta.

THE HUFFINGTON POST - BUSINESS

SecuritiesFraud News From the Web

06/01/12 Trading Curbs, JPMorgan CIO, Nasdaq OMX: Compliance Source: Bloomberg.com U.S. stock exchanges proposed changes to trading curbs meant to safeguard equity markets, revising an April 2011 proposal for a system that would prevent trades at prices outside a certain band.
06/01/12 Morgan Stanley Boss Gorman Has No Sympathy for You or... Source: New York Observer - New York NY Morgan Stanley CEO James Gorman has no sympathy for Facebook investors who expected to profit from a first-day spike in share prices.
06/01/12 Securities regulators to hold confab in Salt Lake Source: Canadian Business An association of securities regulators says it will hold a conference in Utah â a state long known for investment fraud.
06/01/12 NYC bank indicted on mortgage fraud Source: Seattle Daily Journal of Commerce - Seattle WA A New York bank and 19 ex-employees have been indicted on charges of issuing hundreds of millions of dollars of fraudulent mortgages that were later peddled as promising securities to unwitting investors.
06/01/12 Goldman Sachs CEO Lloyd Blankfein may be last witness... Source: New Kerala Dot Com The CEO of Goldman Sachs Group Inc. Lloyd Blankfein is expected to testify in the insider-trading trial of Indian American ex-Goldman director Rajat Gupta.