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Stories of Interest
- Deutsche Bank ‘Beyond Repair’ as Trading Drops - Autonomous Research
- Guggenheim Partners CEO Might Step Down
- Wachovia Customer Sues Wells Fargo Over FundSource Losses - Bill Singer
- Credit Downgrade for Wells Fargo Due to Fake Account Scandal
- CFTC Commissioner Quintenz Named Sponsor of the Technology Advisory Committee
- Harbour and Geneos Customers Win FINRA Arbitration Against Stockbroker - Bill Singer
- Equifax Suffered a Hack Almost Five Months Earlier Than the Date It Disclosed
- The World’s Biggest Wealth Fund Hits $1 Trillion
- At Jefferies, Like Wall Street, Trading Cedes to Banking
- Ex-SAC Trader Who Pleaded Guilty to Insider Trading Just Remembered He’s Innocent
- JPMorgan Turns to Amazon for Retail 'Customer Experience'
- Goldman Sachs Names Ken Hitchner as New Chairman for Asia Pacific
- Judge All but Tosses SEC Case Against ‘Rogue’ Trader And Ex-FBI Informant Guy Gentile
- 'Boys are #1 Among NFL's Most Valuable Teams
- Fake Tax Returns - Your Next Worry After the Equifax Breach
- FINRA DR Recruiting Arbitrators, Mediators at Congressional Black Caucus Conference
- JPMORGAN: Here's who we think will replace Warren Buffett at Berkshire Hathaway
- Mueller to Search Facebook for Russia-Linked Accounts
- Mark Gomes, Market Analyst and Trade Scalper Settles with SEC
- Equifax Waives Credit Lock Fees For Consumers, Amid Criticism
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NEWSLETTERS & ALERTS
Philadelphi D.A.Pleads Guilty to Bribery and Resigns
[Photo: by Tom MacDonald/WHYY; newsworks.org]
Nearly 2 weeks into his trial on bribery charges, Philadelphia District Attorney Seth Williams, 50, pleaded guilty and resigned from his government position. He had been indicted by a federal grand jury in March. [See Financialish, 3/24]
Once considered a rising Democratic star, Mr. Williams was first elected D.A. in 2009 and he easily won reelection in 2013. The twice-elected official, who was earning $170,000/year, essentially threw his life away for just $54,000 in cash, vacations, a car and other gifts over a 5-year period.
It remains to be seen whether Mr. Williams' arrest becomes "an excuse for keeping future qualified minority candidates from being elected to public office."