ON Securities

The news today was filled with reports on the first anniversary of the collapse of Lehman Brothers. . . . At around the same time, our local chapter of the National Association of Stock Plan Professionals (NASPP) produced a webcast/conference call entitled “Troubled Company, Workout and Bankruptcy Issues: A little ‘gloom and doom’ with your morning java.”. . . Just to keep on sharing the “gloom and doom”, we have made the transcript available – it makes interesting reading. Topics included . . . SEC Enforcement Follow-Up . . . . On Monday, as described in this New York Times article, Federal District Judge Jed Rakoff issued a scathing order (see the link in the Times article) that voided Bank of America’s $33 million settlement with the SEC. . . . [to read more, click on the title above]