The CFTC just fined Goldman for failure to properly disclose prices fairly to clients.
And it’s all about a technical issue related to the timing of international swaps.

The CFTC just fined Goldman for failure to properly disclose prices fairly to clients.
And it’s all about a technical issue related to the timing of international swaps.
Johnson & Johnson has spent billions on cases about one of its most popular products – talcum powder.
As its executives try a brazen new legal strategy to stop the litigation, corporate America takes note.
Why leave a banking career for expert witnessing?
The role brings intellectual stimulation. It is an excellent leverage of your expertise, experience or academia. The tasks are diverse, interesting and challenging.
“You work with professionals who are truly competent and skilled. There is always more to learn. You are a piece in a game of 3D chess, and there is a real satisfaction when the client wins his/her case.”
Voyager Digital, the crypto execution broker, has just filed for bankruptcy.
Add this failure to the list of cascading failures in the digital space.
Unfortunately, with no regulation and capital buffers, more dominoes will fall, and with little recourse for the other players.
A systemic effect is currently unfolding in the digital space. Stable coins have been hit, then coins, then lenders, then hedge funds and now crypto exchanges. Unfortunately, the lack of regulation, of regulator, of risk constraint, or even capital buffer will make the fall even more painful.
Allianz Structured Alpha funds lost $7 billion of investor money in March 2020.
Gregoire Tournant, the portfolio manager, has been arrested.
The firm pleads guilty and will pay $5.8 in fines and restitutions.
Follow-up to the Solar panel lending Ponzi: the CFO got his own 6 years in the clink.
Les bénéfices ça se divise, la réclusion ça s’additionne.
Credit Suisse is taking advantage of the situation in Ukraine to eliminate evidence related to the Russian oligarchs’ tax evasion (money laundering?).
Why isn’t Bitcoin/Blockchain Russia’s salvation from sanctions?
Many people are posting that Bitcoin and blockchain are somehow a solution for sanctions.
Below are reasons for why that line of thinking is not realistic.
A major leak has just revealed the details of 18,000 private accounts and $100 billion held at Credit Suisse.
The owners include the Who’s Who of corrupt politicians, money launderers, and warmongers.
“How many rogue bankers do you need to have before you start having a rogue bank?”