Spongetech’s co-founder Michael Metter was forced out of his CEO job at Businesstalkradio.net last week and had to give up his six-figure income. You might remember Metter’s name when he made headline news around the world for his arrest by the FBI for securities fraud and interference with an SEC investigation. The alleged scam involved […]
Continue13 Oct
Dynamic Journalism
Me and doc film maker Nick Verbitsky are immortalized into art for our reporting on the Bear Stearns / JP Morgan double dipping scheme and RMBS investor fraud that has led to over $100bn in lawsuits and a NYAG securities fraud suit against JPM. Verbitsky is on biz TV show The Keiser Report today talking […]
Continue12 Oct
Will Morgan Stanley Banker Accused of Hate Crime now Sue Darien Police for Bad Arrest?
This story has been updated The Darien Wall Street executive who was arrested for felony assault and larceny this February appears to have beaten the local cops and Stamford Conn. states attorney in their quest to label a white rich Morgan Stanley banker guilty of hate crimes. News broke this morning that William Bryan Jennings […]
Continue3 Oct
Readers Asked: I Answered – Teri Buhl unwrapped on her Birthday
Today I celebrate the number of years I’ve made a footprint on the world. Yep it’s my Birthday- the big 40! Being an investigative journalist is best job I never knew I’d be doing at this age. And since my work allows me to go behind closed doors of so many people lives, ask tough […]
Continue1 Oct
How the NY AG built his RMBS case against JP Morgan for Bear Stearns Sins
This story has been updated One documentary film maker, one investigative journalist, and one law firm willing to take a risk led to the lawsuit the New York Attorney General just filed against JP Morgan for a system wide effort to defraud mortgage investors by Bear Stearns. My readers and viewers of RT’s The Keiser […]
Continue25 Sep
Due Dilligence Problems at JP Morgan Securities: Pension Report Snafu
Due diligence appears to be lacking at JP Morgan Securities. I reported today for Growth Capitalist the mega-bank’s clearing business was using valuation reports from a notorious hedgie manager who has been sued for fraud by regulators and outed from his fund. The inaccurate reports then went to pension investors. JPM Clearing manages the asset […]
Continue23 Sep
New Canaan Murder-Suicide Man worked on Wall Street
UPDATE 4:15pm: Clusterstock’s reporter Julia La Roche found Owen’s FINRA records which shows he was unemployed before the Bank Street Group job Bank Street Group response is at the end of the story. UPDATE 9-26-12:NCPD says the person who called 911 to report shots fired was none other than James Owen. So this Wall Streeter […]
Continue18 Sep
What Bear Stearns Whistleblowers told the SEC: New Details of RMBS Fraud & Cover Up
Remember all those whistleblowers the monolines found in their RMBS fraud litigation against Bear Stearns and JP Morgan? The ones JPM’s lawyers tried to publicly out their names so they’d be afraid to testify in the monoline’s case. Well the bank’s dirty legal tactic didn’t work and newly released whistleblower testimony from people who worked […]
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