InvestmentEthics

Allegations of Cherry-Picking Fraud Emerge at WAMCO Involving Ken Leech and IBM

18 days ago

In a significant development that has raised eyebrows in the financial sector, Ken Leech, the former Chief Investment Officer at WAMCO, is under scrutiny for allegedly engaging in cherry-picking practices that benefited technology giant IBM. The accusations suggest that Leech and others at WAMCO might have manipulated investment strategies to boost returns specifically tied to IBM stocks, raising concerns about the integrity of their trading practices.

Major Sentencing in Archegos Collapse: Key Insights from Hwang's Case

1 month ago

In a pivotal development following the collapse of Archegos Capital Management, founder Bill Hwang has been sentenced to 14 years in prison. This outcome marks a significant chapter in a saga that not only affected investors and major financial institutions but also shook the foundations of the financial market. Hwang's actions during his management of the family office ultimately led to one of the largest financial debacles in recent history.