| HEDGEweb Database |
| As of: 2010-09-04 |
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Below is the written statement of Richard S. Fuld, Jr., ex CEO of Lehman Brothers,
before the Financial Crisis Inquiry Commission (FCIC)
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JPMorgan Chase & Co. has told proprietary commodities traders that their desk will be closed, as it moves to comply with new US financial services rules banning proprietary trading, according to people familiar with the matter.
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A senior Banco Santander executive was on Tuesday night charged with insider trading by the Securities and Exchange Commission in relation to the hostile $39bn bid by BHP Billiton for PotashCorp.
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Simpson to step down from Berkshire’s Geico (Headlines) |
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Lou Simpson, a fund manager for Warren Buffett, plans to retire at the end of the year from his post at Berkshire Hathaway’s Geico subsidiary.
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