The Wall Street reform bill has been signed into law by President Obama. Anybody who has support in this bill probably don't know about the whistle-blower provision of it yet, reports the Los Angeles Times. Private sectors can be responsible for catching any person who beaks the rules causing them to get 10 to 30 ...

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In the high-power, high-risk game of details trading, Danielle Chiesi has become "a confirmation of all (individuals have) suspected is wrong with Wall Street and the hedge fund industry," as outlined by Fortune. Charged with securities fraud and conspiracy, Bob Moffat, previous IBM exec, and Danielle Chiesi, are facing trial. Danielle Chiesi’s Wall Street ...

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Fannie Mae upped the ante on strategic default of home mortgages Wednesday, stating that borrowers who default despite having ability to pay or do not seek alternatives in good faith won't be eligible for a new Fannie Mae-backed mortgage for seven years from the date of foreclosure. Strategic defaults are increasing along with home foreclosures. ...

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The Securities and Exchange Commission has been in an extended debate with Prosper, one of the two largest peer to peer lending companies. A relatively new business model, P2P lending is a type of lending that cuts banks out. The SEC calls these companies investment companies, which means the SEC could regulate them. Prosper is ...

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If only we could find investments these days like this one Warren Buffet found with NAFI back in 1951. With so much financial information at everyone's fingertips today I think it makes opportunities like this a thing of the past - or at least the easy ones. Earnings Per Share $29.02, Book value (liquidation value) ...

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