TV News LIES

Thursday, Oct 16th

Last update08:34:20 PM GMT

You are here News Economy As mortgages went bad, New Century executives cashed out

As mortgages went bad, New Century executives cashed out

E-mail Print PDF

While the Irvine subprime lender was failing, key executives continually changed their stock trading plans and often sold within days of colleagues' trades, a Times investigation shows.

No charges have been filed, and attorneys for the company's former top executives say that none of the executives sold stock based on information that had not been disclosed to the public and that the executives retained most of their shares when the company went under.

More...


Most Recent Related Stories...


Judge temporarily blocks Trump administration from firing workers during government shutdown

judge susan illstonPresident Trump's administration for now must stop firing workers during the government shutdown, a federal judge...

Trump announces 100 percent tariff on China in response to rare earth controls

100% tariff on ChinaPresident Trump announced Friday he will raise tariffs on China in response to a move from...

3 share Nobel Prize in Economics for work on technology, growth and creative destruction

Nobel in EconomicsThe Nobel Prize in economics was awarded to a trio of researchers Monday for their work...

Supreme Court says Trump cannot, for now, remove Lisa Cook from Fed; will take up matter in January

lisa CookThe Supreme Court said President Donald Trump must allow Lisa Cook to remain on the Federal...
 
America's # 1 Enemy
Tee Shirt
& Help Support TvNewsLIES.org!
TVNL Tee Shirt
 
TVNL TOTE BAG
Conserve our Planet
& Help Support TvNewsLIES.org!
 
Get your 9/11 & Media
Deception Dollars
& Help Support TvNewsLIES.org!
 
The Loaded Deck
The First & the Best!
The Media & Bush Admin Exposed!