S&P settles with SEC for $58 million over bond ratings fraud

GWG Holdings: A Bizarre Borrowing From Peter To Pay Paul. –  · In any case, shares are trading at $6.50 today with the company still valued at $40 million – a figure that I’d like to think GWGH could get in a complete liquidation but frankly I can’t even say.

U.S. Securities and Exchange Commission (SEC) History & Fraud. – The Securities and Exchange Commission (SEC) is a regulatory agency that oversees a major segment of the economy along with the IRS, the Consumer Protection Bureau, and the federal trade commission.. specifically, the SEC oversees "Wall Street" where market activity is measured in the trillions of dollars and intersects with virtually every other facet of the economy.

Hercules Capital Completes $200.0 Million Securitization –  · Issued $200.0 million of class A notes rated A(sf) by KBRA strengthens balance sheet and enhances liquidity Hercules Capital, Inc. (HTGC) (“Hercules” or.

2 Senators, 1 plan to completely reform housing finance? Housing finance reform next on to-do list for Trump and Congress. which was unveiled earlier this week – and that agreement could provide a road map for housing finance reform. Several senators involved in the reg relief deal were key players in the last attempt at reforming the GSEs.

Moody’s Reaches $864 Million Subprime Ratings Settlement –  · Moody’s Reaches $864 Million Subprime Ratings Settlement By .. for fraud over its sale of mortgage bonds after the bank balked at paying the amount the government sought in negotiations. The.

Ponzitracker – The actual number is likely higher; Ponzitracker’s analysis was generally limited to Ponzi schemes that raised approximately $1 million or more from investors. Those 811 schemes involved over $58 billion of investor funds, with an average scheme size of $71.8 million and a median size of $8 million.

Elon Musk owes $507 million to banks helping Tesla raise. – By Noel Randewich. SAN FRANCISCO (Reuters) – Tesla Inc Chief Executive elon musk personally owes $507 million (389.33 million pounds) to Wall Street banks involved in Tesla’s stock and debt sale, backed by his stake in the electric car maker, a company filing showed on Thursday.

Multifamily development picks up despite falling demand  · Milwaukee Common Council’s approval means the residential structure must now pass fire safety specs and paves the way for its developer to propose a 7-story wood office building as well. Despite.

Oil complex settles lower as strong dollar snaps rally | S. – "With the Saudis’ willingness to produce over 10 million b/d, the Russians hitting 10.7 million b/d of total crude and condensate production, and Iraq over 3 million b/d," the market is clearly in no shortage of supply, McGillian said.

Elon Musk's Job at Risk as SEC Files a Lawsuit Against Tesla's CEO SEC Asks Judge to Hold Elon Musk in Contempt: Report – Elon Musk (@elonmusk) February 20, 2019 Under the terms of a securities fraud settlement with the SEC last October, Musk was required to step down as chairman of Tesla and to pay a million fine.

McGraw-Hill Settles S&P Rating Services Lawsuit for $1.5B. – Bonds; The Anatomy of a Trade. McGraw-Hill Settles S&P Rating Services Lawsuit for $1.5B – Analyst Blog. S&P Ratings paid charges of $58 million to the U.S. Securities and Exchange.

Fixed-rates on mortgages rise at fastest pace since 1987 Mortgage rates slide the fastest in four years, but it may be too late for the housing market. are making their purchases with cash as interest rates rise. But it’s just as likely that the.

U.S. judge won’t block SEC case against former S&P executive – In January, the SEC accused Duka of fraudulently misrepresenting how S&P arrived at various CMBS ratings. The regulator also announced a related $77 million settlement with S&P, a unit of McGraw Hill.