By Adrianne Jeffries 1/03/12 8:07pm

Inside Jobs

Mr. Greenberg. (Getty Images)

Cyber Schmucks: How the Manhattan DA’s Cyber Squad Did a Mitzvah for UJA

Back in February, Josiah Boatswain, a 26-year-old from Flatbush, Brooklyn, and a few friends were pampering themselves at Fontainbleau: a $600-per-night resort that bills itself as the most luxurious hotel on the strip, promising high-end shopping, celebrities at every table, “24-7 glamour,” and an “expansive poolscape” on the stretch of Miami Beach known as Millionaire’s Row. Mr. Boatswain spent his vacation sipping Champagne, nibbling tiny chocolate cakes, and buying armfuls of couture, which he arranged in tableaux in his hotel room and photographed for his Facebook page. Read More

By Mike Taylor 10/25/10 12:54pm

Morning Roundup: Main Street’s Evil Short-Sellers

  • Borrowers are refinancing their mortgages in droves to take advantage of record low interest rates. This is a welcome distraction for the major banks, who are under national investigation for cramming mountains of phony foreclosure paperwork through the judicial system. [Bloomberg]
  • By the end of this year, the Securities and Exchange Commission hopes Read More

By Staff 12/28/05 3:57pm

All in the Timing

What’s odd about state Attorney General Eliot Spitzer’s alleged threat to former Goldman Sachs Co-Chairman John Whitehead (“You will pay dearly for what you have done”) is how it ever came into the public eye. Whitehead wrote an op-ed in April denouncing Spitzer’s public prosecution of A.I.G. chief Hank Greenberg. Then the alleged threatening phone Read More

By NYO Staff 5/30/05 12:00am

Frank Zarb: A Snake in the Grass

Et tu, Frank?

Until this spring, Maurice (Hank) Greenberg was chairman and chief executive of American International Group, the giant insurance company he had run for almost 40 years. In March, the board of A.I.G. fired him, after the company found itself under investigation by federal regulators for its accounting practices. The director who led Read More