Ann Woolner

January 19, 2011 | Daily Report Online

In the film "The Social Network," one of the Winklevoss twins digs in his heels when his furious brother urges a lawsuit against a fellow Harvard student for stealing their idea and turning it into Facebook. Which twin was which, I don't know. Who could tell the difference between Cameron and Tyler, played by the same actor But one of them, along with their partner, really, really wanted to sue Mark Zuckerberg.

By Ann Woolner

5 minute read

April 23, 2004 | Daily Report Online

Ann Woolner The New York Marathon of corporate criminal trials is headed toward its last stretch, with three trials done, two under way and one more scheduled. Not counting guilty pleas, the record to date is inconclusive. Two of the three completed trials brought mistrials; the only trial verdicts brought the convictions of Martha Stewart and her former stockbroker, Peter Bacanovic.

By Ann Woolner

6 minute read

March 20, 2006 | Daily Report Online

By Ann Woolner, Bloomberg NewsIn the four years since the deadliest terrorist attack on U.S. soil in American history, the federal government has charged one person with Sept. 11-related crimes, Zacarias Moussaoui. He pleaded guilty, and all the government wants to do is persuade a jury to sentence him to die, an effort now undermined by a government lawyer.

By Ann Woolner

5 minute read

April 22, 2010 | Daily Report Online

Whether the SEC wins, loses or settles its fraud case against Goldman Sachs, its complaint alleges so much lying, cheating and negligence by top financial players that you have to wonder why anyone entrusts anything of value to Wall Street. "Hello, broker About my investments . . ." As told by the Securities and Exchange Commission, what Goldman and the hedge fund Paulson Co.

By Ann Woolner

5 minute read

July 12, 2005 | Daily Report Online

Ann Woolner New York Times reporter Judith Miller has been unlucky in sources. Not long ago, Iraqi exiles were telling her Saddam Hussein was building a vast collection of weapons of mass destruction. This she reported on the pages of The New York Times. It turned out her sources, including the since-discredited Ahmad Chalabi, were duping her and others at the Times and within the Bush administration.

By Ann Woolner

6 minute read

November 01, 2010 | Daily Report Online

A distressed U.S. homeowner with a temporarily modified mortgage made every payment on time for 13 months. That's 10 months past the standard three-month trial period, but the servicer was predicting a permanent modification, so the homeowner kept paying. Instead, a negotiator who never spoke to the borrower rejected the permanent adjustment, so the sheriff's department put the house up for sale, no explanation given.

By Ann Woolner

5 minute read

October 11, 2010 | Daily Report Online

Barclays Plc was something of a hero two years ago, having stepped forward to buy much of Lehman Brothers Holdings Inc. when no one else would touch the bankrupt brokerage. It was a risky play, and if the market hadn't recovered, the weight of Lehman's failures might have dragged Britain's third-biggest bank under with it.

By Ann Woolner

5 minute read

September 01, 2009 | Daily Report Online

When landing in white-collar trouble, it might sound like a solid defense to say you only did what the lawyers advised. Unless you waive attorney-client privilege, no one will know what your lawyer told you.That's what Bank of America Corp. Chief Executive Officer Kenneth Lewis tried when the U.S. Securities and Exchange Commission delved into the bank's bonus scandal stemming from its merger with Merrill Lynch Co.

By Ann Woolner

5 minute read

September 12, 2007 | Daily Report Online

ON ONE SIDE are arrayed major institutional investors, retiree advocates, 32 state attorneys general, two former Securities and Exchange Commission chairmen and an ex-commissioner. On the other side are two U.S. stock markets, major business, banking and accounting groups, a dozen former SEC commissioners, three ex-chairmen of the SEC and the U.

By Ann Woolner

5 minute read

December 30, 2002 | Daily Report Online

Ann Woolner If someone is sharing your bed and sleeping isn't all you're doing, chances are good you're breaking the laws of several states. Single No matter how willing the partner, how committed the relationship, how private the act or how adult you both are, intercourse between unmarried heterosexuals is forbidden in 10 states.

By Ann Woolner

5 minute read