Michael Terry submits:In the Wall Street Journal this AM:New York Attorney General Andrew Cuomo said Monday that his office has requested information from the nation's largest banks and Wall Street firms on their compensation and bonus plans for fiscal-year 2009.Complete Story »
Airbnb on Tuesday sent the New York state attorney general information on 107 hosts in the New York area, a source familiar with the case told Business Insider. These are people who have multiple listings on Airbnb that the AG suspects may violate hotel laws.
(Reuters) - New York Attorney General Andrew Cuomo, probing illegal marketing and sales of auction rate securities (ARS), is likely to file a lawsuit on Monday against Charles Schwab Corp for civil fraud, the Wall Street Journal said, citing people familiar with the matter.
In the heat of the West Indian Day parade in Brooklyn on Monday, Columbia law professor Tim Wu stumbled into New York Gov. Andrew Cuomo (D). It was awkward. "He gave me this funny look and he kind of looked into the distance. It was a strange moment," Wu recalled in an interview with Business Insider the next day. "I felt as if I was an illegitimate child or something who had suddenly shown up out of nowhere."
There’s been yet another development in the ongoing battle between Airbnb and the state of New York, with the online home rental service agreeing to turn over some data about its customers to the state’s Attorney General, but not to the extent that a subpoena from the AG’s office had originally sought.
It seems the blatant unveiling of the HFT market's Holy Grail trading - Virtu (1 loss in 1238 days) - has raised some attention as Bloomberg reports, NY AG Eric Schneiderman has opened a broad investigation into whether U.S.
Five years on, some of the financial crisis' most familiar characters are chirping in on the likelihood of another meltdown. Last week Morgan Stanley CEO James Gorman went on the Charlie Rose show and claimed that the probability of another financial crisis is "as close to zero as I could imagine."
FA Insights is a daily newsletter from Business Insider that delivers the top news and commentary for financial advisors. Big Brokerage Firms Are Starting To Spend More Money On Bonuses (The Wall Street Journal)