The Securities and Exchange Commission issued an unusual rebuke of its own regulators Tuesday night over its failure to investigate Wall Street money manager Bernard Madoff, now accused of widespread fraud that bilked investors of billions. Continue reading
Former Fed Chair Alan Greenspan told Congress Thursday the economic crisis unveiled “a flaw” in his view of world markets. Economic analysts discuss his testimony and legacy.
President Bush on Thursday nominated Rep. Christopher Cox, R-Calif., to lead the Securities and Exchange Commission after current Chairman William Donaldson announced his departure effective June 30. Continue reading