Wall Street Drops Fear Of ‘Hot Commie Summer’ In Overture To Mamdani
(Bloomberg) -- New York City’s elite threw everything at Zohran Mamdani to stop him from becoming mayor: money, insults, scare tactics, and tweets.
Recent
Advisor Barred From the Industry After Settling Charges with the SEC
Investment advisor James Burleson has been barred from the industry after settling charges with the SEC over an alleged cherry-picking scheme.
Founder of IRL Social Media App Charged with Defrauding Investors
Founder of the company behind the IRL social media app was charged with defrauding investors of $170 million in the company’s 2021 funding round,
Suspended Broker Charged in Social Media Fraud Targeting Retail Investors
A cautionary tale for advisors underscores how social media hype continues to be a powerful tool for financial fraud.
Ex-JPM Strategist Sees 'AI Bubble' Building After MIT Study Shows 95% Of Enterprises Invested in GenAI Have Generated ‘Zero’ Returns
Top executives have been raising concerns that AI investment and valuations may not be consistent with the eventual returns.
Massachusetts Securities Regulators Filed Civil Complaint Against Barbara Hirshfield
Massachusetts securities regulators filed civil complaint against Barbara Hirshfield alleging she turned finance company into $7Mn Ponzi scheme.
