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Federal Prosecutors Charge Star Bond Investor Ken Leech
Federal Prosecutors Charge Star Bond Investor Ken Leech With Fraud
Federal prosecutors on Monday charged longtime bond investor Ken Leech with fraud, alleging he cherry-picked a series of trades to favor some clients while shifting losses to others.Leech, the former chief investment officer and star trader at Franklin Templeton subsidiary Western Asset Management,
US charges top bond manager, former Wamco co-CIO Kenneth Leech, with fraud
Kenneth Leech, the former co-chief investment officer of Western Asset Management Co, was criminally charged on Monday with running a more than $600 million "cherry-picking" scheme in which he fraudulently favored some clients' accounts over others when allocating trades.
Investor Ken Leech charged over alleged $600mn ‘cherry-picking’ scheme
Former top investment officer at Franklin Templeton’s Western Asset Management is subject of criminal and civil cases
Trump's Treasury pick boosts bond market
Investors celebrate Trump’s pick for Treasury chief with lower bond yields
Scott Bessent is a hedge fund manager who investors believe will balance Trump's economic promises with fiscal reality as treasury secretary.
Dollar slips with bond yields on Treasury nomination
Bessent has been openly in favor of a strong dollar and has supported tariffs, suggesting any pullback in the currency might be fleeting.
Morning Bid: Trump's Treasury pick boosts bond market as dollar eases
A look at the day ahead in Asian markets. Donald Trump's pick to be U.S. Treasury Secretary proved to be a balm for the bond market, while the dollar followed yields lower in a move poised to influence trading in Asia on Tuesday.
6h
on MSN
Will the Fed ‘weaponize’ the bond market to ‘teach Trump a lesson’?
One economist argues Federal Reserve Chair Jerome Powell would win in a showdown with incoming President Donald Trump.
7h
Trump's big tax-cut plans could be slowed by a wary bond market
The $28 trillion Treasury debt market is flashing a red warning light against adding excessively to a massive debt load.
1d
Bond Market Halts Brutal Run as Buyers Pounce on 4.5% Yields
The US bond market is finally showing signs of steadying after a two-month selloff, with investors starting to swoop in ...
9h
Bond funds on pace for second-biggest yearly inflows in a decade
U.S. bond funds were on pace for their second-highest year of inflows in a decade, according to Barclays Research. This year ...
The Source Magazine
9h
Diddy’s Bond Hearing Raises Safety Concerns for Alleged Victims Amid Death Threats
Sean “Diddy” Combs is set to appear before Judge Arun Subramanian on Monday (November 25) to determine whether he will be ...
9h
Big Bond Rally Shows Investors' Hopes for Bessent
Bond investors are cheering Donald Trump’s pick of Scott Bessent to lead the Treasury Department. Why? Bessent favors typical ...
1h
1969 Murder suspect held without bond
Investigators brought Joseph Ambroz to Saunders County court Monday in connection to the murder of Mary Kay Heese. Ambroz was ...
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