Tagged: Securities

Madoff pleading guilty

Law Professor Tamar Frankel, an authority on securities law and legal ethics who is writing a book on Ponzi schemes, says Bernard Madoff is smart to plead guilty. “It seems that Madoff’s strategy is to confess, shorten all proceedings as much as possible, avoid jury trial almost at all costs, perhaps serve some time in┬áprison […]

CDS market probes

Law Professor Charles Whitehead, a securities-law expert now at BU Law after 20 years as an in-house counsel in international securities and banking, comments on CDS market probes: “The credit default swap market is a predictive market, meaning that CDS spreads tend to widen in advance of changes in the price of an issuer’s stocks. […]

Feds/NY join in CDS trading probe

Law professor Tamar Frankel, an authority on securities law, corporate governance, and legal ethics, comments on the Feds/NY joining in the CDS trading probe: “Historically, Americans were deeply suspicious of government power. It is not by chance that American enforcement units have been so many and competed with each other. How come they have been […]