Eric Starkman is founder and president of STARKMAN, a public relations and crisis communications firm based in Los Angeles. He was previously a reporter at major newspapers in the U.S. and Canada. By Eric Starkman For ticklethewire.com Growing up in Toronto I had a quintessentially Canadian view about government authority: Only bad people ran afoul…
If you ask, corporate criminal defense attorneys will tell you — as they have told me — the one thing their corporate clients want to avoid when facing off against the federal government is an admission of wrongdoing — to have to plead guilty to the crimes they have committed.
The Justice Department has pledged to prioritize prosecution of Wall Street criminals.
By Steve Neavling ticklethewire.com Investors can be a skittish bunch. When they heard of the federal government’s suspicions of insider trading involving two hedge funds, Level Global Investors and Diamond Capital Management, they fled and the funds shut down, the New York Times reports. On Wednesday, the two men found guilty of insider trading, Todd…
By Steve Neavling ticklethewire.com Wall Street won’t be sad to see Tony West go. The highest-ranking prosecutor who gained more than $30 billion in settlements from Wall Street banks plans to leave the public sector, the New York Times reports. West, who is the No. 3 Justice Department officials, plans to leave Sept. 15. The…
Steve Neavling ticklethewire.com Ever wonder why no one on Wall Street was charged in connection with the 2008 financial crisis? The FBI will have even less time investigating Wall Street after the bureau reduced the amount of time its agents spend on white-collar crime, the Los Angeles Times reports. The FBI has reduced its recommendation…
