Article: Influencers Are Luring Investors Flummoxed by Meme Stonks and Options

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Influencers Are Luring Investors Flummoxed by Meme Stonks and Options

Misyrlena Egkolfopoulou and Donald Moore, 18 June 2021

The U.S. was already doing a poor job of teaching people how to manage their money. Then meme stonks came along.

Now with everyone desperate for financial advice, a deluge of new companies and their influencer leaders are all at your service, fighting to be the first place you turn to chat about stocks, budgets or finances — at times, for a fee.. Continue reading “Article: Influencers Are Luring Investors Flummoxed by Meme Stonks and Options”

Article: Revisiting the Northern Bank robbery – the biggest heist in British history

Article - Media, Publications

Revisiting the Northern Bank robbery – the biggest heist in British history

Steven Moore, 04 May 2021

The BBC is taking a fresh look at the biggest heist in British history – the Northern Bank Robbery.

Broadcast on BBC One NI on Monday (May 3) at 9pm, it tells the story of how the multi-million pound robbery played out in the days before Christmas 2004. In a sophisticated operation, the gang took two families hostage for 24 hours, forcing two bank employees to rob £26.5 million from the Belfast cash centre.

With exclusive access to new source material – including police 999 calls along with internal bank CCTV and court documents – they piece together what could have happened.

Through interviews with key players – in politics, policing and financial crime – they uncover what happened to the main suspects in the cross-border police investigation and ask whether the robbery may, inadvertently, have helped the peace process.

The film includes interviews with Bertie Ahern, former Taoiseach; Michael McDowell, former Irish Minister for Justice, Equality and Law Reform; Sir Hugh Orde, former Chief Constable PSNI; Dr Mitchell Reiss, US Special Envoy to Northern Ireland under the Bush administration; Tom Kelly, Prime Minister Tony Blair’s official spokesperson between 2001-7); and Peter Robinson, former leader of DUP and First Minister of NI.

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Article: BlackRock CEO Sold $24 Million of Stock as Insider Sales Up

Article - Media, Publications

BlackRock CEO Sold $24 Million of Stock as Insider Sales Up

Donald Moore, 23 July 2020

BlackRock Inc. Chief Executive Officer Larry Fink sold $24.2 million of stock in the world’s largest asset manager, bringing his sales this year to $74.4 million. What’s moving markets
Start your day with the 5 Things newsletter. Fink disposed of 41,706 shares — about 5% of his stake in the business — at an average price of $580.29 on July 21, according to a regulatory filing. The filings didn’t indicate that his sales this year were made under a pre-scheduled trading plan. Continue reading “Article: BlackRock CEO Sold $24 Million of Stock as Insider Sales Up”

Article: SAC: federal grand jury indicts hedge fund for insider trading

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SAC: federal grand jury indicts hedge fund for insider trading

Heidi Moore, 26 July 2013

A federal grand jury has indicted SAC Capital, the embattled hedge fund that has been pursued by financial authorities for years, for insider trading after regulators failed to charge its powerful founder, Steven A Cohen.

The US attorney who brought the charges, Preet Bharara, also hit the firm with civil money-laundering charges that would require the firm to forfeit potentially billions of dollars in assets. Continue reading “Article: SAC: federal grand jury indicts hedge fund for insider trading”

Article: Dick Fuld’s Vendetta Against Short-Sellers—and Goldman Sachs

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Dick Fuld’s Vendetta Against Short-Sellers—and Goldman Sachs

Heidi N. Moore

Wall Street Journal, 7 October 2008

Fuld didn’t let up on his hatred for short-sellers–primarily David Einhorn–even after his company filed for bankruptcy last month, and he believed the shorts were part of a cabal driven by Goldman Sachs Group.

In April, Fuld reported back to general counsel Thomas Russo about a dinner with Treasury Secretary Hank Paulson that Lehman had a “huge brand with treasury,” which “loved our capital raise” and, in perhaps an oblique reference to short-sellers, that Treasury “want to kill the bad HFnds + heavily regulate the rest.”

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