Tag Archives: DOJ

A Closer Look At the Description of Parker Drilling’s Proposed Settlement with DOJ, SEC

Parker Drilling will pay a bunch of money, promise to be good and tattle on itself for three years. If not, all bets are off and DOJ and SEC can still unleash the hounds. Parker Drilling Company (PKD) announced today … Continue reading

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U.S. To Sue S&P Over Mortgage Securities Ratings

In completely unrelated news, S&P downgraded the United States’ credit rating in August 2011. Standard & Poors Rating Services, a subsidiary of The McGraw-Hill Companies, Inc. (MHP), issued a press release announcing that the U.S. Department of Justice told them … Continue reading

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Grab a Brew. Don’t Cost Nothing. Because the U.S. Department of Justice Won’t Allow You To Buy It if You Are Anheuser-Busch InBev and Grupo Modelo.

U.S. Government moves to block merger of Bud Light and Corona parent companies on antitrust grounds. The setup: In June 2012, Anheuser-Busch InBev (Euronext: ABI)(NYSE: BUD) and Grupo Modelo, S.A.B. de C.V. (BMV: GMODELOC) announced that ABInBev would acquire the … Continue reading

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