Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:State Street's Latest Subprime Settlement Fills Headlines Not Rated 0.0 Email Routing List Email & Route  Print Print
Friday, February 5, 2010

State Street's Latest Subprime Settlement Fills Headlines

News summary by MFWire's editors

Fundsters who want to find out more about the State Street settlement with the state of Massachusetts and the SEC may have to look no further than their own paper's front page. News of the nine-figure deal popped up all over the print news on Thursday and Friday. Some examples (with conflicting sizes for the settlement) include:

  • "State Street Corp. reaches $300M settlement with federal, Massachusetts authorities", from the Associated Press (AP);

  • "State Street to Pay $313 Million After SEC Lawsuit", by Bloomberg's Christopher Condon (also in BusinessWeek);

  • "State Street settles with state, to pay up to $398M", by the Boston Business Journal's Tim McLaughlin;

  • "State Street to repay $313m to investors", by the Boston Globe's Beth Healy;

  • "State St. to pay $333M", by the Boston Herald's Jay Fitzgerald;

  • "State Street Corp. to Pay $300 Million in Subprime Mortgage Case", from Business Ethics magazine;

  • "State Street Bank to Pay $300 Million", from the Courthouse News Service;

  • "Settlement with SEC brings State Street's subprime tab to $663M", by InvestmentNews' Sara Hansard;

  • Mass. enters into largest securities recovery settlement to date", by Legal Newsline's Nick Rees;

  • "State Street Gave Some of Its Clients Better Data", by the New York Times' Katie Zezima;

  • "State Street pays hundreds of millions of dollars to settle investigations over fixed-income funds", by the Quincy, Massachusetts Patriot Ledger's Jon Chesto;

  • "State Street to pay $300 mln in SEC subprime case", by Reuters' Svea Herbst-Bayliss and Karey Wutkowski;

  • "State Street faces subprime enforcement action", from the Structured Credit Investor;

  • "State Street Settles for $300 Million", by the Wall Street Journal's Amir Efrati, Jane J. Kim and Larry Light;

  • and "Galvin Hits State Street With $10M Fine, $300M in Payments", by the Worcester Business Journal's Matthew L. Brown. 

    Edited by: Neil Anderson, Managing Editor


    Stay ahead of the news ... Sign up for our email alerts now
    CLICK HERE

  • 0.0
     Do You Recommend This Story?



    GO TO: MFWire
    Return to Top
     News Archives
    2025: Q4Q3Q2Q1
    2024: Q4Q3Q2Q1
    2023: Q4Q3Q2Q1
    2022: Q4Q3Q2Q1
    2021: Q4Q3Q2Q1
    2020: Q4Q3Q2Q1
    2019: Q4Q3Q2Q1
    2018: Q4Q3Q2Q1
    2017: Q4Q3Q2Q1
    2016: Q4Q3Q2Q1
    2015: Q4Q3Q2Q1
    2014: Q4Q3Q2Q1
    2013: Q4Q3Q2Q1
    2012: Q4Q3Q2Q1
    2011: Q4Q3Q2Q1
    2010: Q4Q3Q2Q1
    2009: Q4Q3Q2Q1
    2008: Q4Q3Q2Q1
    2007: Q4Q3Q2Q1
    2006: Q4Q3Q2Q1
    2005: Q4Q3Q2Q1
    2004: Q4Q3Q2Q1
    2003: Q4Q3Q2Q1
    2002: Q4Q3Q2Q1
     Subscribe via RSS:
    Raw XML
    Add to My Yahoo!
    follow us in feedly


    1. IDC webinar - Distribution for Fund Directors: Evolution and Trends, September 15
    2. MMI webinar - The Case For Alts In UMAs: Why Incorporating Alternatives Into a UMA Structure Is Becoming a Strategic Imperative, September 16
    3. MFDF webinar - MFDF 15(c) White Paper Webinar Series: Part 4 – Enforcement Action Takeaways, September 16
    4. IMEA Content Management Roundtable, September 16
    5. IMEA 2025 Star Awards Celebration, September 16
    6. IMEA Marketing Summit, Sep 16-17
    7. MFDF webinar - Latest in Closed-End Funds Litigations, September 23
    8. WE PNW - Mentorship Program Virtual Session: Building Trust to Win New Business and Influence Others, September 23
    9. MFDF webinar - Fixed Income Insights: Navigating Market Trends & Opportunities, September 24
    10. Nicsa webinar - Utilizing AI to Enhance Distribution & Advisor Engagement, September 24
    11. IMEA Portfolio Construction Roundtable, September 24
    12. IMEA Models Roundtable, September 25
    13. Expect Miracles Atlantic Coast Classic 2025, September 29
    14. MFDF webinar - Risk Management Essentials for RICs and Boards, September 29
    15. MFDF webinar - Diligent - Tools for Fund Board Book, October 1
    16. 10th annual Fuse Forum, October 8
    17. MFDF webinar - Essential Strategies in Board Oversight of Operational Risk Management, October 14
    18. MFDF webinar - Series Trust Funds - Effective Board Relationships with Advisers, October 15
    19. 2025 MMI Annual Conference, Oct 15-17
    20. Samfund Soiree Manhattan 2025, October 23
    21. Tiburon CEO Summit XLIX, Oct 27-29
    22. 2025 Sohn San Francisco Investment Conference, October 28
    23. Schwab Impact 2025, Nov 2-4
    24. UCITS & AIFMD for U.S. Managers 2025, Nov 4-5
    25. MFDF In Focus webinar - Audit Committee Chair, November 5
    26. 2025 Nicsa Asset & Wealth Management Summit, Nov 11-12




    ©All rights reserved to InvestmentWires, Inc. 1997-2025
    14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
    Privacy Policy :: Terms of Use