-
Jim Cramer Outlines How To Beat The 'Flash Boys'
Tuesday, April 1, 2014 - 2:28pm | 522When it comes to the notion of a stock market rigged by high-frequency traders, aka the so-called “Flash Boys,” CNBC’s Jim Cramer suggested his own version of fighting fire with fire. The way to win, Cramer said, is to do basic homework. Cramer doesn’t dispute author Michael Lewis’ allegations...
-
Report: One in Five Yelp Reviews is Bogus (YELP)
Friday, September 27, 2013 - 10:57am | 604A recent report titled, Fake It Till You Make It: Reputation, Competition, and Yelp Review Fraud, by assistant Harvard Business School professor Michael Luca and Georgios Zervas, assistant professor of marketing at Boston University, determined that 20 percent of reviews submitted on Yelp (NYSE:...
-
NY Attorney General Investigating Bank of America over Mortgage Securitization Practices
Monday, June 13, 2011 - 6:02am | 322Bank of America (NYSE: BA), no stranger to controversy, is under investigation by the New York Attorney General over its mortgage securitization practices, the Huffington Post reported Monday. Two people familiar with the matter stated that the new probe could call into question the authenticity...
-
Regulators To Probe Banks For Influencing Credit Ratings (GS, MS, UBS, C, DB, CS, BAC, MCO)
Thursday, May 13, 2010 - 1:49pm | 197The New York Attorney General has launched a new probe against eight banks. The investigation will determine whether the banks supplied misleading information to rating agencies and thereby influenced the credit rating for some of their mortgage securities. The probe is likely to cover prominent...