Dec 16 2011 | 4:39pm ET
The Securities and Exchange Commission today accused the CEO of Fortress Investment Group of fraud during his stewardship of Fannie Mae.
Daniel Mudd is among six former executives of Fannie and Freddie Mac accused of making false and misleading statements about the government-sponsored lenders' exposure to subprime mortgages. Mudd led Fannie Mae from 2004 until he was fired in 2008.
Mar 17 2014 | 9:30am ET
“Transparency” has become a touchstone for investors in the post-Madoff world but, according to Carl Lingenfelter, chief administration officer at Northern Trust Hedge Fund Services, it's a concept that has evolved over the past five years from fraud protection to risk management to investment performance. Read more…
Mar 10 2014 | 11:33am ET
A huge thank you to all of the people who helped make last Thursday’s HFC NY Open Your Heart to the Children Benefit such a success. The charity gala raised nearly $2 million to prevent and treat child abuse in New York, New Jersey and Connecticut. Read more…