Goldman Sachs and JPMorgan Chase Slapped Lightly on Corporate Wrists for Financial Malfeasance

Federal regulators have fined Goldman Sachs and JPMorgan Chase for breaking securities and futures rules, respectively.

 

Goldman Sachs was ordered by the Securities and Exchange Commission (SEC) to pay $12 million to settle pay-to-play charges.

 

The firm’s troubles stemmed from the involvement of Neil M.M. Morrison, a former Goldman Sachs vice president in Boston, in the political campaign of Massachusetts state treasurer Timothy Cahill while he was a candidate for governor.

 

Morrison was accused of [...]

September 30th, 2012 | Tags: , , , , , , , , , , , , , , , | Category: All | Leave a comment

With House vote, Malloy to sign death penalty repeal

On an 86-62 vote, the House of Representatives gave final legislative approval Wednesday night to a bill repealing the death penalty for future crimes, leaving Connecticut one step away from becoming the 17th state to abolish capital punishment.

The bill, which Gov. Dannel P. Malloy has pledged to sign, advanced after a 9 1/2-hour debate focused largely on a provision that still mandates capital punishment for Connecticut’s 11 death row inmates.

The [...]

April 12th, 2012 | Tags: , , , , , , , , , , , , , , , , , , , | Category: All | Leave a comment