Did porn addiction cause the financial crisis?
Nero fiddled as Rome burned; SEC staffers watched porn as the economy crashed. A new report from the agency’s inspector general revealed a startling proclivity for sexually graphic materials among...
View ArticleWere you a victim of Wayne McLeod’s alleged Ponzi scheme?
Federal Times would like to talk to people who invested in Wayne McLeod’s bond fund, which the Securities and Exchange Commission said ended up being a long-running Ponzi scheme that targeted federal...
View ArticleFormer SEC lawyer sues LeBron James for $4M, claims he’s his dad. Wait, what?
In what may be the oddest paternity suit in recent memory, a former Securities and Exchange Commission lawyer is suing basketball star LeBron James and his mother for $4 million. Leicester Bryce...
View ArticleCongress approves SEC records exemptions repeal
Congress has given final approval to legislation shutting down controversial Freedom of Information Act exemptions for the Securities and Exchange Commission, according to its sponsor, Sen. Patrick...
View ArticleNo exposure for SEC employees in porn case
Two-dozen past and present Securities and Exchange Commission employees are probably breathing easier. The reason? A federal judge ruled against making their names public after they got caught watching...
View ArticleShareholders benefit from campaign funding disclosure, report says
Companies that hide their political spending from shareholders have less value on the market, according to a report released Tuesday by researchers at Harvard law and the Public Citizen consumer...
View ArticleGlitch means no paychecks today for thousands of feds
For 40,000 federal employees, this has not been a happy Friday. The reason: They didn’t get paid. Because of problems at the Interior Business Center (IBC), which handles payroll processing for...
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