On Monday, March 11th, the NCPD honored part of a media FOI request and confirmed the officer on leave is Fred M. Pickering and they are running their own internal investigation on top of the States Criminal Investigation. This was a result of media pressure on the town 1st Selectman to get the cops to […]
Continue6 Mar
Bitcoin Insight: Here is why that Digital Currency’s Value Really Jumped Sky High
I broke news about a change in how the digital currency, bitcoin, would operate on an exchange for U.S. and Canada last week and my peers in the finance and tech press woke up to this trend. Bitcoins are a peer-to-peer monetary transaction system that is trying to challenge government controlled currencies — like you […]
Continue24 Feb
Reuters is Writing Stories to Help JP Morgan Defend Itself from the NYAG Now
J.P. Morgan’s outside counsel at Sullivan & Cromwell are showing signs of desperation in their mortgage securities fraud lawsuits. You know the ones that the bank says in SEC fillings are now $140 billion of litigation. Last week the banks lawyers got a Reuters reporter to write a hit piece on the New York Attorney […]
Continue17 Feb
New Canaan’s The Tuscan: Cash Crunch & Sex Den Rumors Led to Rich Chef Failure
UPDATE 1-14-14: Marc is apparently still having money troubles. This time he was arrested for credit card fraud. The Darien Times is reporting he gave the local cops a digital road map to find who was responsible for withdrawing cash from a women’s account when she left her card transaction unfinished at the Darien Stop […]
Continue10 Feb
About That Twitter Thing I Did That Has Tons of Techies Mad at Me
I have a small group of bloggers really really mad at me for asking them to remove a copyright photo I own from online stories they’ve been writing about how I think twitter can be used. I’ve been ridiculed, sent hate mail, and had attack post written on nearly everything I have or might have […]
Continue5 Feb
First RMBS Putback Suit Win Says Bank Has to Pay it All Back
Tonight a New York federal judge, Rakoff, gave monoline Assured Guaranty a huge win. His trial award was near 100 percent of the toxic loans Assured claimed Flagstar Bank had to pay them back. I have been reporting on resi mortgage security putback suits for three years now and this is the first civil suit […]
Continue5 Feb
Hedgie Harassed by Pizzas also Managed Toxic CDO in DOJ’s S&P Lawsuit
Yesterday I reported on a New Canaan hedge fund manager who had a guy arrested for calling him multiple times saying he was a crook for working at Bear Stearns. The headlines were about some kind of harassment going on where the guy was obsessed with Higgins wife – who he use to date. I […]
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