Sen. Richard Burr is stepping down as the Senate Intelligence Committee chairman after FBI agents seized his cell phone as part of a federal investigation of his mass sell-off of stocks.
FBI agents served a search warrant and seized Sen. Richard Burr’s cell phone as part of an investigation of his mass sell-off of stocks.
Steve Neavling ticklethewire.com The FBI is investigating high-speed trading firms to determine whether they are engaged in insider trading, the Wall Street Journal reports. The investigation was launched a year ago but remains in the early stages. Among the focuses is whether high-speed investors are trading using information that others can’t access. Investigators also are…
As the country worried about terrorist attacks, the Bush adminstration seemed to take its eye off of Wall Street. The result: Fraud and more fraud and people losing life savings. By ERIC LICHTBLAU New York Times WASHINGTON – Federal officials are bringing far fewer prosecutions as a result of fraudulent stock schemes than they did…
