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"The president may think that announcing new trade lawsuits less than two months from the election will distract from his record," Mr. Romney said in Los Angeles.
NEW YORK TIMES Cantor Fitzgerald and Former Employee Trade Lawsuits | The brokerage firm Cantor Fitzgerald accused a former derivatives trader in Singapore of making a blackmail threat, and the former employee sued for wrongful dismissal, Bloomberg News reports.
John M. Herrmann II, a co-chairman of Mr. Romney's trade policy advisory group, is a lobbyist for Allegheny, a major steel producer whose products have figured in United States trade lawsuits against China.
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At the last minute, however, Mr. Bernanke deleted a reference to the exchange rate being an "effective subsidy" for Chinese exports, out of fear that it could be used as a pretext for a trade lawsuit against China.
The firm has already agreed to pay $616 million to resolve two civil insider trading lawsuits.
This year, SAC agreed to pay a record $616 million fine to settle two civil insider trading lawsuits — money that effectively comes out of Mr. Cohen's pocket.
But SAC saw the positive in the penalty, which settles two insider trading lawsuits brought by the government, DealBook's Peter Lattman writes.
But Steven A. Cohen and his fund, SAC Capital Advisors, have done exactly that, agreeing to pay that amount to settle two insider-trading lawsuits brought against it by the government.
Mr. O'Reilly and Ms. Mackris have traded lawsuits over charges of whether he sexually harassed her and whether she tried to extort money from him and his bosses.
WHAT'S NEXT FOR SAC | The $616 million penalty that SAC Capital Advisors is paying to resolve insider trading lawsuits does not end the possible legal troubles for the giant hedge fund.
Lawyers from SAC and the Securities and Exchange Commission are scheduled to present the terms of the settlement of two insider-trading lawsuits before Judge Victor Marrero in Federal District Court in Manhattan.
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