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Theranos, the embattled blood-testing laboratory, said on Monday that federal officials were conducting a criminal investigation into the company, adding to a series of questions from officials about its inner workings. In a note to outside partners, the company said that the Justice Department had requested documents and that the investigation was active. The note also said that the Securities and Exchange Commission was investigating the company.

The internet was aflame last night with many people upset over a piece in the Huffington Post from contributor Rebecca Walden. Walden penned a piece titled, “Young ladies of the SEC, cover it up!” and boy was it just awful. Now, it turns out that the Huffington Post wants this all to go away and so they deleted it. Not a good look HuffPost and not very journalistically sound either. But have no fear, below you can read the piece as it look on the HuffPost website before it was deleted: Dear young ladies of the SEC, can you do...

Would corporations operate better if their board members were chosen so as to ensure that women and major racial/ethnic groups were all appropriately represented? Many social activists believe so and their thinking has penetrated into the federal regulatory agency that oversees our stock exchanges – the Securities and Exchange Commission (SEC). Back in 2009, the SEC instituted a requirement that publicly traded companies disclose plans they might have regarding the diversity of their boards of directors. That is to say, the racial, ethnic and gender characteristics of board members – as if those attributes were the essential, defining attributes of...

The University of Missouri’s (MU) flagship Columbia campus has officially lost a staggering 23 percent of its freshman class this year, an even worse figure than administrators initially predicted in the wake of major racial strife.

Washington D.C., June 23, 2016 — The Securities and Exchange Commission today announced that Merrill Lynch has agreed to pay $415 million and admit wrongdoing to settle charges that it misused customer cash to generate profits for the firm and failed to safeguard customer securities from the claims of its creditors.

The SEC showed its true colors yet again at a panel at Stanford Law School at the end of March, although not as dramatically as last year. In last spring’s SEC panel at Stanford, the then head of examinations, Andrew Bowden, made such fawning remarks about private equity, including repeatedly saying he’d really like his son to work in the industry, that he resigned three weeks after we publicized the segment. Nevertheless, this conference was another demonstration of depth of regulatory capture at the agency. As before, the real action came in when the audience members asked questions. They were...

Late in July 2012, Phil Mickelson, one of the world's most famous golfers, received a phone call from a well-known professional sports gambler, William "Billy" Walters. At the time, U.S. authorities say, Mickelson owed Walters a gambling debt, and Walters had a hot stock tip: buy shares in the food company Dean Foods Co. Four days later, Mickelson owned $2.4 million worth of Dean Foods shares, according to the U.S. Securities and Exchange Commission. A few weeks after that, he reaped a $931,000 profit when the company announced a spinoff that sent its share price soaring. Mickelson then paid off...

I have a brokerage account. A person with the same name as me passed away and the broker transferred all of my shares to his heirs. What legal actions can I take? What rights do I have? Anybody in the financial industry that can weigh in...it would be appreciated. Thanks

The revelations of the so-called Panama Papers that are roiling the world’s political and financial elites this week include important facts about Team Clinton. This unprecedented trove of documents purloined from a shady Panama law firm that arranged tax havens, and perhaps money laundering, for the globe’s super-rich includes juicy insights into how Russia’s elite hides its ill-gotten wealth. Almost lost among the many revelations is the fact that Russia’s biggest bank uses The Podesta Group as its lobbyist in Washington, DC. Though hardly a household name, this firm is well known inside the Beltway, not least because its CEO...

This document is making the rounds today in conservative circles. It looks like Mitt Romney, who pushed for a brokered RNC convention earlier today, filed documents in January to be eligible to run for president in 2016. At least, that’s what a few websites are pushing.....

http://www.politico.com/2016-election/results/map/president?lo=ut_d1 http://www.cnn.com/election/primaries/calendar/march http://rsbn.tv/abc-news-live-breaking-news-streams/ Trump has Georgia already.

There are reports of racist anti-Trump robocalls hitting the SEC primary states tonight. This is after a weekend of racist smears by the liberal media and GOP establishment – including Marco Rubio – on Donald Trump. The calls are reportedly coming from the Rubio Conservative Solutions PAC. ... I just got a robocall from a Nazi group and they made a mistake. I was able to track it to 'Conservative Solutions Pac" THAT IS A RUBIO PAC— DJ Lewis (@umpire43) February 29, 2016

BIRMINGHAM, Ala. — The “southern firewall” Ted Cruz’s presidential campaign has been building for months appears to be crumbling under the weight of Donald Trump’s staying power and Marco Rubio’s resurgence. The Cruz campaign told Yellowhammer Wednesday night they are pulling out of the Presidential Forum set to be held at Samford University in Birmingham on Saturday, and will not be holding any other events in Alabama ahead of election day. Senator Marco Rubio’s campaign, however, reiterated their commitment to the event. The move is one of the most open indicators to date that Cruz has failed to pick up...

The official road map for the GOP candidates

On the eve of the South Carolina primary Cruz insiders are reportedly privately beginning to fear that a big loss to Donald Trump would signal more defeats in the SEC states. CNN reported: What if the firewall crumbles? That’s the worry of a growing number of people close to Ted Cruz’s campaign, who are privately beginning to fear that a big loss in South Carolina to Donald Trump on Saturday could signal more defeats to come in the so-called SEC states that are the lynchpin of Cruz’s strategy. “If they’re pretty far back from Trump and they can’t get southern...

A new poll has been released for the State of Virginia, and it confirms a lot of the conventional wisdom about how the race is shaping up. Virginia is a Super Tuesday state and is probably a pretty good representation of how many of the Southern Super Tuesday states are thinking right now. On the Democrat side, Hillary leads Bernie Sanders, but by less than you would expect, at 52%-40%. You would think that, of the Southern states, Virginia might be especially friendly territory to Hillary, given that one of her stooges is Governor and given the increasingly high number...

The Republican establishment is grappling with an uncomfortable reality: No single candidate is about to be crowned as its standard-bearer after New Hampshire's primary. And that means Donald Trump and Ted Cruz could be sprinting toward the presidential nomination before a third rival gets out of the starting blocks. "The only way for Donald Trump or Ted Cruz to be stopped is for the establishment to finally rally around one candidate - and it doesn't look like that is going to happen anytime soon," said Ron Bonjean, a Republican strategist and a former aide to GOP leaders on Capitol Hill....

Last night ABC began its two-part series on the Bernie Madoff fraud. Viewers will be reminded about how investment expert, Harry Markopolos, wrote detailed letters to the SEC for years, raising red flags that Bernie Madoff was running a Ponzi scheme – only to be ignored by the SEC as Madoff fleeced more and more victims out of their life savings. Today, there are two equally erudite scribes who have jointly been flooding the SEC with explosive evidence that some Exchange Traded Funds (ETFs) that trade on U.S. stock exchanges and are sold to a gullible public, may be little...

has decided to take his vendetta with US gun makers to the next level and as the NYT reported overnight, "the New York City public advocate on Monday asked federal regulators to investigate whether the gun manufacturer Smith & Wesson had made adequate disclosures in its financial statements." One would think that being in compliance with all existing SEC regulatory requirements would be sufficient, but when one is on Obama's black list there are additional requirements for "adequate disclosure" one must follow, especially the ones that one does not know about because they appear only after the fact. The NYT...

Calogero Gambino Had Been Closely Involved in Negotiating Legal Issues for Deutsche Bank ino, has died of a suicide in New York, according to New York City officials and others familiar with the circumstances of his death.