No secrets hiding here
Turkish trader Yomi Rodrig may have run afoul of the SEC a few times, but one thing you can say about the man is that he knows to find a deal, like the $500,000 discount he scored on a swanky upper-floor pad at 400 E. 67th Street, also known as the Laurel.
Mr. Rodrig paid $4.8 million for spacious, light-flooded three-bedroom condo in the 5-year-old building. The unit was listed with Corcoran Sunshine. Read More
Republican presidential candidate Newt Gingrich is having a tough enough time with front-runner Mitt Romney surging in the polls prior to the upcoming Florida primary. Now he may also have to contend with pesky questions about a government probe into the overseas business affairs of Las Vegas billionaire Sheldon Adelson, who may be the financial savior of Mr. Gingrich’s campaign. Read More
Today’s SEC collar of the day? A father-son duo! Book ‘em, Schapir-o! Read More
In a humiliating turn of events, Goldman has decided to bar its U.S. clients from purchasing Facebook shares.
The move is seen as an effort to dodge interference from the SEC,which had “opened an inquiry into the structure of the offering and whether it violated the law because the deal had been widely reported on in the Read More
When news of Goldman Sachs $2 billion investment in Facebook first broke, many interpreted it as the final sign of an imminent IPO.
Goldman was injecting cash into Facebook on favorable terms in order to win itself the inside track to manage the IPO, many reasoned.
But NYU professor Scott Galloway has an intruiging theory. He says Read More
