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Facebook files for IPO, reports $3.7 billion in revenue in 2011

Facebook filed its IPO papers with the SEC today, and the social network is expected to debut on the stock exchange in three to four months. The filing reveals Facebook is seeking to raise $5 billion.

In the Media by David Silverberg - 1 comment

Facebook rumored to file IPO paperwork with SEC next week

Palo Alto - Rumors over a Facebook initial public offering have been emerging across the Internet and in financial circles for some time now. In recent months talk and speculation has been aimed towards Facebook's IPO coming sooner than later.

In the Media by Leigh Goessl

Federal Judge rejects Citigroup – SEC settlement

New York - A federal judge rejected a $285 million dollar settlement between Citigroup and the Securites and Exchange Commission Monday after determining that the American financial watchdog had to prove – rather than just claim - the bank committed fraud.

In the Media by Mike Lapointe - 5 comments

Op-Ed: College football — The South shall rise again

Birmingham - Racial dominance still plays a role all across the South. This time, things are different, because the South is winning.

In the Media by John Dewar Gleissner

Op-Ed: NCAAF: Time for the landscape of college football to change

With the maneuvering of different colleges trying to get into better conferences so they can have a better chance at winning National Championships, it is time for a change. Teams have been moving for years, but nothing like these last few years.

In the Media by Austin Tyler

Groupon files for IPO, hoping to raise $750 million

Daily deal powerhouse Groupon has filed for an IPO, looking to raise $750 million. Groupon says it has 83 million subscribers who receive deals via email.

In the Media by David Silverberg

Op-Ed: Goldman Sachs: The $64,000 Question

It is a puzzlement why they chose instead to fight this civil complaint. Goldman Sachs has the financial and political wherewithal to make this disappear.

In the Media by Marvin Clark

Emails Suggest Geithner Colluded With AIG to Violate SEC Rules

Recently released emails from Nov. 2008 suggest that New York Fed President Timothy Geithner instructed AIG to withhold key details from the public about the 'back-door bailout' that benefited Goldman Sachs and more than a dozen other Wall Street firms

In the Media by Bill Lindner - 5 comments

Kentucky football coach retires after four bowls, seven seasons

Kentucky head football coach Rich Brooks announced Monday, January 4, that he was retiring after seven years at the helm of the program. His replacement, current assistant coach Joker Phillips, had previously been announced as his replacement.

In the Media by Steven Z.K. Nickels

Bernie Madoff treated for Dizziness and Hypertension

Prison officials are claiming that Bernie Madoff was treated for dizziness and hypertension. Reports were denied that he was assaulted.

In the Media by Michael Bearak

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Lifting the lid on Anti-Sec

They are the hacking world's most wanted - but who are they?

SEC Case Claims AA Secrets Shared

In what a government attorney calls the first case of its kind, the Philadelphia office of the SEC has charged five people with making more than $1.8 million illegally through insider trading. What's the twist? The SEC is claiming that the violation of trust and confidentiality required to prove insider trading occurred between members of Alcoholics Anonymous.

Ex-Bear Stearns execs settle with SEC

Two former Bear Stearns executives reached settlements Monday with federal regulators over civil charges they mislead investors about risky mortgage securities when the housing market was collapsing.

Facebook IPO: What to Expect

With all the buzz about a possible Facebook IPO, here is our best assessment of where things stand right now. Facebook is reportedly expected to file a form S-1 with the SEC this week. The form will be the first insight into the workings of...

Walmart Worker's Salary Highlights CEO Pay Ratio Rule

A provision of the Dodd-Frank financial regulatory reform act proposes that public companies disclose the ratio of the CEO's pay to that of the median salary of company workers. But two years after Dodd-Frank was passed, the Securities and Exchange Commission (SEC) has not yet implemented the rule or initiated the rule-making process. Business groups have opposed the rule, while advocates for corporate reform have pressured the regulatory agency to work quickly.