Shankar Vedantam - Taking More Risks Because You Feel Safe - washingtonpost.com …government efforts to correct market failures have little effect, or actually make things worse

Securities Law Prof Blog: SEC Charges Two Former Bear Fund Managers The SEC charged two former Bear Stearns Asset Management (BSAM) portfolio managers for fraudulently misleading investors about the financial state of the firm’s two largest hedge funds and their exposure to subprime mortgage-backed securities before the collapse of the funds in June 2007.

Accrued Interest: Credit Default Swaps: All craft retreat! Credit-default swaps (CDS) pose the greatest systemic risk to the worldwide financial system.

Ideoblog: More on the Bear indictments The WSJ says the government will rely heavily on an email from hedge fund manager Tannin to co-manager Cioffi that their fund was "toast."

Compliance Blog: Executive Compensation Disclosure - Canadian Update for Fiscal Year 2008 Executive Compensation Disclosure - Canadian Update for Fiscal Year 2008

reportonbusiness.com: Royal Group founder ’stunned’ by charges One of Canada’s longest-running white-collar investigations culminated Thursday in fraud charges against several executives of Royal Group Technologies Ltd., including founder Vic De Zen.

Investment Executive : RCMP charge former Nortel officers Royal Canadian Mounted Police have laid fraud charges against former Nortel Networks CEO Frank Dunn and two other former executives of the telecommunications equipment maker. …RCMP allege criminal activity within the technology company between the beginning of 2002 and mid-2003, when Dunn, Beatty and Gollogly are accused of fraudulently misstating financial results.

Investment Executive : RCMP arrest six in Norbourg fraud case, including ex-CEO RCMP arrest six in Norbourg fraud case, including ex-CEO

Investment Executive : Capital charges for securitization activities need to accurately reflect risks: OSFI Capital charges for securitization activities need to accurately reflect risks: OSFI

Jim Hamilton’s World of Securities Regulation SEC staff has clarified the registration exemption for securities issued in reorganizations