Wall Street Never Sleeps


Snitches gained this new respect in July, when as part of the massive financial reform bill, Congress passed the so-called whistleblower law, which promises up to 30 percent of anything the Securities and Exchange Commission collects over $1 million for tips on corporate wrongdoing that lead to a financial penalty.

A whistleblower responsible for the SEC's historic $550 million fine against Goldman Sachs in July, for example, could have pocketed a cool $165 million. It's unclear if there was a whistleblower in connection with the SEC's case against Goldman, which paid the fine without admitting wrongdoing.

Meissner said he picked theaters he suspects will attract the biggest Wall Street crowds, such as Chelsea Cinemas on West 23rd Street and the Ziegfeld on West 54th



Read more: [www.nypost.com]



Edited 3 time(s). Last edit at 09/20/2010 04:26PM by askanewyorker.