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Stories of Interest
- Sarah ten Siethoff is New Associate Director of SEC Investment Management Rulemaking Office
- Catherine Keating Appointed CEO of BNY Mellon Wealth Management
- Credit Suisse to Pay $47Mn to Resolve DOJ Asia Probe
- SEC Chair Clayton Goes 'Hat in Hand' Before Congress on 2019 Budget Request
- SEC's Opening Remarks to the Elder Justice Coordinating Council
- Massachusetts Jury Convicts CA Attorney of Securities Fraud
- Deutsche Bank Says 3 Senior Investment Bankers to Leave Firm
- World’s Biggest Hedge Fund Reportedly ‘Bearish On Financial Assets’
- SEC Fines Constant Contact, Popular Email Marketer, for Overstating Subscriber Numbers
- SocGen Agrees to Pay $1.3 Billion to End Libya, Libor Probes
- Cryptocurrency Exchange Bitfinex Briefly Halts Trading After Cyber Attack
- SEC Names Valerie Szczepanik Senior Advisor for Digital Assets and Innovation
- SEC Modernizes Delivery of Fund Reports, Seeks Public Feedback on Improving Fund Disclosure
- NYSE Says SEC Plan to Limit Exchange Rebates Would Hurt Investors
- Deutsche Bank faces another challenge with Fed stress test
- Former JPMorgan Broker Files racial discrimination suit against company
- $3.3Mn Winning Bid for Lunch with Warren Buffett
- Julie Erhardt is SEC's New Acting Chief Risk Officer
- Chyhe Becker is SEC's New Acting Chief Economist, Acting Director of Economic and Risk Analysis Division
- Getting a Handle on Virtual Currencies - FINRA
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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."