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Goldman Sachs Group Inc is cooperating with a U.S. Securities and Exchange Commission probe into insider options trading in H.J. Heinz Co before the food company announced it was being acquired, Goldman said on Friday.

Choice of Mary Jo White to Head SEC Puts Fox In Charge of Hen House POSTED: January 25, 9:00 AM ET Mary Jo White I was shocked when I heard that Mary Jo White, a former U.S. Attorney and a partner for the white-shoe Wall Street defense firm Debevoise and Plimpton, had been named the new head of the SEC. I thought to myself: Couldn't they have found someone who wasn't a key figure in one of the most notorious scandals to hit the SEC in the past two decades? And couldn't they have found someone who isn't a perfect...

SEC names new top lawyer By Bernie Becker - 01/07/13 01:12 PM ET The Securities and Exchange Commission said Monday that Geoffrey Aronow would take over as its general counsel. Aronow, a lawyer in the Washington office of Bingham McCutcheon, has previous government experience, having served as head of the enforcement division at the Commodity Futures Trading Commission. The SEC's new top lawyer also has counseled clients about issues before the commission and the CFTC, and becomes one of the first top appointments from the SEC's new chairwoman, Elisse Walter. Aronow, for instance, represented the chief financial officer for MF...

Mary Jo White is a poor choice to head the SEC. As a U.S. attorney, she demonstrated a lack of political independence and competence. In the late 90's prosecution of the Teamsters money landering scandal, White won several guilty pleas from low-level has-beens, but gave a pass to prominent union figures who played a key role in the Democratic political campaign of 2000, and every one since. The magnitude of White's dereliction of duty can be seen in who was not prosecuted- Richard Trumka, Andrew Stern and Gerald McEntee. In the 1996 Teamster election, incumbent President Ron Carey narrowly defeated...

Couldn't they have found someone who wasn't a key figure in one of the most notorious scandals to hit the SEC in the past two decades? And couldn't they have found someone who isn't a perfect symbol of the revolving-door culture under which regulators go soft on suspected Wall Street criminals, knowing they have million-dollar jobs waiting for them at hotshot defense firms as long as they play nice with the banks while still in office? I'll leave it to others to chronicle the other highlights and lowlights of Mary Jo White's career, and focus only on the one incident...

BCS Championship Game thread - Alabama (2) at Notre Dame (1) (+9, O/U 40.5), ESPN 830pm EST. Miami Gardens, Fl. Weather, temperature around 73 degrees, chance of showers 10 percent.

FORT LAUDERDALE, Fla. – Jeremy Pike is a 37-year-old native and resident of Tuscaloosa, Ala. Like all proper fans of the Alabama Crimson Tide, he maintains an abiding hatred of Southeastern Conference rivals Auburn and Tennessee. But there is a third member of his unholy fan trinity, and always has been. "Oh, I hate Notre Dame," Pike said. "I never pull for them." On Nov. 3, Pike and about 50 other Alabama fans were in Louisiana getting ready to watch the Tide play LSU – the most anticipated game of the year. But before the game, they were glued to...

wonder if CNBC will finally cancel the ludicrous Jim "truth" Cramer campaign once this news breaks. We doubt it - ... SEC Charges Financial Media Company and Executives Involved in Accounting Fraud. Washington, D.C., Dec. 18, 2012 — The Securities and Exchange Commission today charged a digital financial media company and three executives for their roles in an accounting fraud that artificially inflated company revenues and misstated operating income to investors. ... The SEC alleges that TheStreet Inc., which operates the website TheStreet.com, filed false financial reports throughout 2008 by reporting revenue from fraudulent transactions at a subsidiary it had...

POLITICO: In an interview with Aaron David Miller for his book published by Random House, "The Much Too Promised Land," Sen. Chuck Hagel spoke about Israel

Alabama Wins SEC Title, Will Face Notre Dame Next (Beat Georgia 32-28) Alabama running back Eddie Lacy scores on a 41-yard touchdown run as he is chased by Georgia's Shawn Williams during the second quarter. (John David Mercer-USA TODAY Photo / December 1, 2012) Brian Hamilton Tribune reporter6:53 p.m. CST, December 1, 2012 ATLANTA -- Notre Dame, the Tide rolls for thee.Alabama rallied twice in the second half to down Georgia 32-28 in the SEC Championship game at the Georgia Dome on Saturday, all but assuredly earning a shot at the No. 1 Irish in the BCS title tilt on...

TIME (ET) MATCHUP TV 12:00 PM No. 11 Oklahoma at TCU 12:00 PM No. 23 Oklahoma State at Baylor FX 12:00 PM UCF at Tulsa 2:30 PM Nicholls State at No. 15 Oregon State Pac-12 Network 2:30 PM Kansas at West Virginia 3:00 PM Middle Tennessee at Arkansas State 3:00 PM Louisiana-Lafayette at Florida Atlantic 3:30 PM No. 20 Boise State at Nevada 3:30 PM Cincinnati at Connecticut 4:00 PM No. 2 Alabama vs. No. 3 Georgia* CBS 4:00 PM New Mexico State at Texas State 7:00 PM Pittsburgh at South Florida 8:00 PM No. 18 Texas at No. 6...

Insider trading leads the news again, casting a cloud over Steven Cohen's SAC Capital Advisors $14 billion hedge fund. The SEC charged Mathew Martoma, who used to manage a SAC Capital division, with using inside information about tests on an Alzheimer's drug to trade stock of the company working on it. The media love this stuff. I imagine reporters sitting around saying: "The SEC finally will punish greedy Wall Street! These tycoons rig the game -- cheating is how they acquire $14 billion -- and now noble government prosecutors will bring justice." But this is nonsense. Government prosecutors are as...

Notre Dame (1) v USC Thread - 8pm EST ABC TV. If Notre Dame wins they will play for the National Championship, as unfair as that might seem.

Coming into Saturday, Oregon and Kansas State had the inside track to college football’s national championship and the Southeastern Conference’s run of six straight BCS titles was in jeopardy. Then No. 2 K-State got thumped 52-24 by unranked Baylor and top-ranked Oregon fell in overtime to No. 14 Stanford, 17-14. Now the SEC is alive and well. And how’s this for a possible national title game: Alabama vs. Notre Dame.

Pepco’s chief executive, Joseph Rigby, didn’t get a salary increase last year because of “customer reliability issues,” but he still managed to double his overall compensation, regulatory filings show. Thanks mostly to an employment deal and supplemental executive retirement plan, Mr. Rigby’s overall compensation rose to nearly $7.2 million last year, according to Securities and Exchange Commission filings. With hundreds of thousands of Pepco customers in the District of Columbia and Maryland left without electricity for days in sweltering temperatures after a violent storm Friday, Mr. Rigby’s compensation is likely to get a closer look as questions emerge about the...

The Big 12 and Southeastern Conference are hedging their BCS bets while borrowing an idea from the Rose Bowl. The two conferences announced Friday their football champions will meet in an undetermined bowl game if they are not chosen for the BCS' anticipated four-team playoff format. It is unclear if it will be a reoccurring site.

About Us Resources Send Tips Donate RSS CNSNews.TV On the Spot On the Scene The Schein OTJ Golden Hookah Clinton Labor Sec. Reich Dedicates New Book to Occupiers ‘Beyond Outrage’ urges readers to ‘organize’ against ‘regressive right.’ By Dan Gainor May 1, 2012 Subscribe to Dan Gainor's posts As the Occupy Wall Street Protests hit across the nation this May 1, it’s important to remember the support the group has received from the mainstream left. Backers have ranged from pundits like Paul Krugman and Thomas Friedman to Hollywood artists like Kanye West, Mark Ruffalo, and Anne Hathaway. Former Clinton Labor...

* SEC says ex-CEO, ex-board member fabricated documents * Two charged with scheming to defraud a firm of $20 mln (Reuters) - A former chief executive of Calpers, the biggest U.S. public pension fund, and a former board member were charged by federal regulators on Monday with scheming to defraud Apollo Global Management, a private equity firm, of more than $20 million in placement fees. The U.S. Securities and Exchange Commission said that Federico Buenrostro, a former chief executive of the California Public Employees' Retirement system, and Alfred Villalobos, a friend and former board member who became a placement agent,...

The Securities and Exchange Commission today announced that Diane C. Blizzard has been named Associate Director for Regulatory Policy and Investment Adviser Regulation in the Division of Investment Management. As Associate Director, Ms. Blizzard will supervise two offices that develop recommendations for rulemaking and other policy initiatives under the Investment Company Act and the Investment Advisers Act. Ms. Blizzard replaces Robert Plaze, who has become Deputy Director of the Division. Ms. Blizzard has been a member of the Division of Investment Management staff for 12 years, most recently serving as Managing Executive. She has previously held several policy roles, including...

Washington, D.C., April 16, 2012 – The Securities and Exchange Commission today charged an online brokerage and clearing agency specializing in options and futures as well as four officials at the firm and a customer involved in an abusive naked short selling scheme. The SEC’s Division of Enforcement alleges that Chicago-based optionsXpress failed to satisfy its close-out obligations under Regulation SHO by repeatedly engaging in a series of sham “reset” transactions designed to give the illusion that the firm had purchased securities of like kind and quantity. The firm and customer Jonathan I. Feldman engaged in these sham reset transactions...