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 …

THIS INVESTMENT ADVISER SHOULD HAVE LISTENED TO GORDON GEKKO Read More »

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 …

CONGRESS CONSIDERS REVAMPING HONEST SERVICES FRAUD Read More »