On July 14, 2011, Rupert Murdoch’s media empire came under intense pressure as key members of Congress called for an investigation into the allegations that one of the media mogul’s US-based companies may have violated American bribery and corruption laws. It is not clear yet whether Congress will ultimately respond to the claims that News [...]
Commentaries by Dimitrios Ioannidis
On April 16, 2010, the Securities and Exchange Commission (SEC) filed a civil action against Goldman, Sachs & Co. for the structuring and marketing of a synthetic collateralized debt obligation (CDO). The synthetic CDO, a complex financial security used to speculate or manage the risk that an obligation will not be paid, was tied to [...]