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Trump's Tax Records Allegedly Mishandled By IRS Contractor, Who Faces Up To 5 Years In Prison
Saturday, September 30, 2023 - 9:59am | 397An Internal Revenue Service (IRS) contractor found himself at the center of a legal storm on Friday, after federal prosecutors announced charges of illicitly accessing and distributing the tax returns of a notable government figure. What Happened: While the identity of the...
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4 Senators Dumped Millions In Stock Weeks Before Coronavirus Pandemic Hit US
Friday, March 20, 2020 - 1:13am | 968Republican senators Richard Burr, Kelly Loeffler and James Inhofe, along with democrat Dianne Feinstein, dumped stocks worth millions ahead of the financial markets plunge in the United States in February, multiple reports suggested Thursday. Burr Sold Up to $1.73M Worth Shares In Worst-Hit...
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ProPublica: Trump Tariffs Throw Curveball At Sporting Gear Industry
Tuesday, September 3, 2019 - 4:00pm | 163Prices on China-made sports gear are about to rise as the trade tensions escalate, according to ProPublica. Golf, lacrosse, basketball and other sports will feel the pinch, too, the publication said. “Almost everything you need to play America’s homegrown sport is now made in...
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Busted! Facebook And The Anti-Semitic Algorithm
Friday, September 15, 2017 - 8:47am | 311Facebook Inc (NASDAQ: FB) has blamed an addle-brained algorithm for allowing a non-profit investigative news outlet to post ads targeting users who hate Jews. ProPublica said it found ad demographics for “Jew hater,” “How to burn Jews” and “History of why Jews ruin the...
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This Pulitzer Prize Winner Says Wall Street Hasn't Changed Since The Financial Crisis
Friday, November 21, 2014 - 2:08pm | 396In 2011, financial journalist Jesse Eisinger won a Pulitzer Prize for National Reporting with Jake Bernstein for a series of stories on questionable Wall Street practices that contributed to the financial crisis. Since the crisis and series of stories, he said Wall Street practices have not...
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Check Out ProPublica's Detailing Of The "Magnetar Trade" (JPM)
Monday, November 1, 2010 - 4:05pm | 178Shares of J.P. Morgan (NYSE: JPM) moved lower on Monday after reports that the bank is being investigated by the SEC for engaging in conduct similar to that of Goldman Sachs (NYSE: GS) in the ABACUS CDO deal. Goldman (GS) paid a $500 million fine after the SEC accused the firm of not disclosing to...
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Implied Volatility Jumps as J.P. Morgan Falls (JPM)
Monday, November 1, 2010 - 3:17pm | 178Shares of J.P. Morgan Chase & Co. (NYSE: JPM) are lower on the session by 1.14%, currently trading at $37.20. Shares were higher earlier in the session, touching a high of $38.00 around 11 a.m., but have since fallen on a report that the SEC is considering an investigation into JP Morgan's...