Wall Street

Wall Street is a 0.7 miles (1.1 km), eight-block-long, street running west to east from Broadway to South Street on the East River in Lower Manhattan in the financial district of New York City. Over time, the term has become a metonym for the financial markets of the United States as a whole, the American financial sector (even if financial firms are not physically located there), or signifying New York-based financial interests.Wall Street is the home of the New York Stock Exchange, the world's largest stock exchange by market capitalization of its listed companies.
Posts about Wall Street
  • Houston Woman Charged with Defrauding Professional Athletes

    … Houston Woman Charged with Defrauding Professional Athletes Posted on Sunday, January 22, 2017 at 8:27 PM From the Desk of Jim Eccleston at Eccleston Law LLC: Peggy Ann Fulford, 58, formerly of Houston and now residing in New Orleans, has been arrested and charged with wire fraud, mail fraud, interstate transportation of stolen property…

    Eccleston Law Offices- 17 readers -
  • Ocwen’s Newest Lie? (Ocwen Whistleblower Post)

    … Merriam Webster defines the term “spin doctor” as “a person responsible for ensuring that others interpret an event from a particular point of view.” Usually when we think of spin doctors we think of politicians. Both major political parties seem to have elevated “spinning” to an art form. The political types have nothing on Wall Street, however…

    Due Diligence- 22 readers -
  • “Banks Pump Up”? So Do Whistleblower Lawyers!

    … There was a interesting article in today’s New York Post. Titled “Banks Pump Up,” the article contained a cleverly photoshopped graphic of the faces JPMorgan CEO Jamie Dimon and Bank of America CEO Brian Moynihan superimposed over the torsos of body builders. Moynihan’s left bicep has an “I love Trump” tattoo. Some big businesses are happy…

    Due Diligence- 15 readers -
  • Platinum Partners Hedge Fund Ponzi – Where Are the Banks?

    … do the victims who apparently lost $1 billion get back their money? We imagine there will be the usual round of lawsuits against the wrongdoers. The SEC and Justice Department will do their part too and seek restitution and disgorgement. Typically, those efforts will only recover a small percentage of the losses, however. So who else…

    Due Diligence- 9 readers -
  • Brian Mahany Discusses Election And What It Means to Whistleblowers

    …. With the election of Donald Trump, chances for repeal or major overhaul cause concern. For the first time in many years, the Republicans control the House, Senate and Oval Office. Earlier today, the Wall Street Journal reported that Trump was seeking repeal of Dodd Frank. A full repeal would eliminate the Consumer Financial Protection Bureau (CFPB…

    Due Diligence- 18 readers -
  • Whistleblower Awards for Banks That Hide Fraud Losses

    … symbolized Wall Street for years. Not quite. We are hearing from some compliance officers that they are either being ignored or told to not rock the boat. A good case in point are fraud losses. Banks have internal rules that require the audit committee and board of directors be notified when fraud losses exceed a certain dollar limit per day…

    Due Diligence- 16 readers -
  • Two More Oil Businesses Hit the Skids: Goodrich Petroleum and Seventy Seven Energy

    … of 2014 is today worth just pennies a share. Just last week one analyst was still rating the company as a “buy” showing just how out of touch Wall Street is from Main Street. Seventy Seven isn’t an exploration and production company but is an oil field service provider. Low oil prices hurt these companies almost as much as the actual producers…

    Due Diligence- 17 readers -
  • ‘Customers First’ Becomes the Law in Retirement Investing

    … The Labor Department, after years of battling Wall Street and the insurance industry, will require financial advisers and brokers to act in the best interests of their clients. Sourced through Scoop.it from: www.nytimes.com For years, financial advisors could legally advise their clients to invest in more expensive funds that generated higher…

    Lamberton Law Firm, LLC- 17 readers -
  • Conflict of Interest Concerns resulting from Morgan Stanley Sales Contest

    … Conflict of Interest Concerns resulting from Morgan Stanley Sales Contest Posted on Sunday, April 3, 2016 at 7:30 PM From the Desk of Jim Eccleston at Eccleston Law LLC: CEO James Gorman runs Wall Street giant Morgan Stanley and has recently come under inspection for the promotion of questionable sales tactics. The tactics have promoted…

    Eccleston Law Offices- 19 readers -
  • Despicable Medicare Fraud Telemarketing Scheme Claim Settles

    … physician! The third whistleblower says his telemarketing trainer would tell patients, “Hello, my name is Mel. I’m with the Christian Healthcare Network. All my children are diabetics (which was false), and I’m volunteering here for free (which was also false).” He also claims the Boca Raton telemarketing call center where he worked routinely hired…

    Due Diligence- 20 readers -
  • “Get a Mortgage with 3% Down!” (Whistleblower Post)

    … resulted in over $100 billion in fines against big banks and hundreds of millions of dollars in whistleblower awards. Our clients received over $100 million! False Claims Act and Whistleblower Awards Whistleblower are much smarter this time. Greed and corporate arrogance have helped Wall Street forget the lessons of the crash. But insiders remember…

    Due Diligence- 31 readers -
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