Month: September 2010

THIS INVESTMENT ADVISER SHOULD HAVE LISTENED TO GORDON GEKKO

In the initial Wall Street film, financier Gordon Gekko says the now-famous line “greed is good.” In the recently released sequel, Wall Street, Money Never Sleeps, Mr. Gekko repeats the line, noting “now it seems it’s legal.” Later he amplifies

CONGRESS CONSIDERS REVAMPING HONEST SERVICES FRAUD

The Senate Judiciary Committee heard testimony regarding proposed legislation to amend the honest services fraud statute in the wake of the Supreme Court’s decision last term in Skilling v. U.S., 130 S. Ct. 2896 (2010)(here). There, the Court limited the

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