Enticed by profits and bonuses, Wall Street took advantage of complicated mortgage-based instruments to reap billions, only to exacerbate the eventual crash.
Meet the only Wall St. executive prosecuted as a result of the financial crisis. Has justice been served?
There have now been more than $435 million in SEC settlements regarding one of the most notorious groups of mortgage securities deals behind the financial crisis.
The Securities and Exchange Commission has charged an asset manager with fraud for its role in one of the most notorious groups of mortgage securities deals behind the financial crisis.
Deutsche Bank agrees to pay $17.5 million to Massachusetts for a deal involving Magnetar, the hedge fund behind many CDOs gone sour.
Hedge fund Magnetar and Wall Street banks created $40 billion of deals. The emails show how they did it.
A rundown of the various investigations into the deals spawned by the hedge fund Magnetar that helped super charge the financial meltdown.
A suit reveals how Bank of America knew about big losses at Merrill Lynch before the companies merged but didn't tell shareholders.
A timeline of SEC charges against Goldman and employees over the past decade.
Yet another player, Boston’s State Street, is scrutinized over Magnetar deals and fined $5 million.
Banker involved in Magnetar deals is one of two recommended for disciplinary action for "alleged misrepresentations in connection with the sale" of a complex security.
The SEC has warned Alexander Rekeda that it is considering civil charges against him for his role in creating risky collateralized debt obligations while working for the Japanese bank Mizuho.
A junior analyst at Deutsche Bank protested when a mid-level executive asked him to adjust a spreadsheet to make a mortgage-backed security look less risky. The 2007 episode raises questions about whether the SEC has looked closely enough at the bank’s practices leading up to the financial crisis.
A secret confederacy of Occupy Wall Street sympathizers is criticizing the financial industry for becoming a machine to enrich itself, fleecing customers and exacerbating inequality.
Margin Call’s all-star cast brings to life writer/director J.C. Chandor’s film, which is the most insightful Wall Street movie ever produced.
J.C. Chandor sits down with ProPublica to talk about how the movie Margin Call came together and the challenges of making a hard-hitting movie about Wall Street on a tight budget.
A $285 million SEC settlement appears to wipe the slate clean on Citi's multi-billion-dollar CDO business.
As a draft of the Volcker rule has made the rounds in the last several weeks, it has alternatively caused fits of despair and cries of exultation. And that’s just among the proponents of the regulation.
The SEC moves to ban the questionable Wall Street deals that, as we detailed, helped fuel the financial crisis.