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

    … their money exclusively to pay their bills. Fulford also falsely told her victims that she graduated from Harvard Law and Harvard Business School and had made millions on Wall Street buying and selling hospitals or on real estate in the Bahamas. Although Fulford never charged a fee for her services, she allegedly diverted millions of victim funds…

    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?

    … Platinum Partners hedge fund is beginning to look like a Ponzi scheme. A very large Ponzi scheme. The New York Times says it could be one of the largest since Bernie Madoff. As much as $1 billion may be missing. On the heels of so many losses, the FBI moved in this week and arrested 7 people they say are behind the scheme. Included…

    Due Diligence- 9 readers -
  • Standing and the Possession of Original Loan Documents in a New York Foreclosure

    …, but the increased number of cases dismissed for lack of standing demonstrate that these cases are all too common. Standing became a significant issue when filings on subprime loans, which were routinely securitized by Wall Street, rose significantly starting back in 2006, but the “robo-signing scandal[1]” brought the issue to the forefront. Standing to Sue…

    Ronald D. Weiss, PC- 31 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 -
  • ‘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

    … to the recent movie Wolf of Wall Street. An Inside Edition article says Porush is living like a King in a $7.5 million condo and driving a Rolls Royce (despite owing victims $190,000,000.00). False Claims Act and Medicare Fraud The three whistleblowers all filed their claims under the federal False Claims Act. Two of the three were employed by Med-Care…

    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 -
  • Has Wall Street Changed?

    … with a tsunami, the 2007 – 2008 crisis was more like a rising red tide. It took several months to unfold. Unfortunately, it took years for that crisis to recede. Unfortunately, many families still bear scars from the loss of their home or career or both. Many say today that Wall Street has learned its lesson. Congress passed the Wall Street Reform…

    Due Diligence- 26 readers -
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