Topic: Jacob Frenkel
A day after imposing a gag order on the district attorney and defense lawyers, the judge granted a defense request to keep cameras from the courtroom for the defendant's next appearance.
While Greg Smith's public resignation has attracted media attention, regulators and Wall Street insiders say Goldman Sachs' problems come as no surprise.
Countrywide CEO Angelo Mozilo has agreed to a $67.5 million settlement to avoid trial on fraud and insider trading charges that alleged he profited from risky mortgages he signed off on before the collapse of the housing market.
10/15/2010 11:38 pm