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  • Remember Grant Wilson, the Pittsburgh whistleblower who helped government lawyers build a fraud case against BNY Mellon? Yesterday, the the Wall Street Journal got ahold of documents leaked by Wilson.  There’s an employee nicknamed Rambo (one of those macho macho bankers, I guess) who repeatedly urges people not to disclose how much money they make on currency trades; an internal memo says that amount was 10 to 20 percent more than they would have made on a negotiated basis.  When learning that feds might investigate BNY’s currency trades, another employee exclaims: “It’s over, it’s all over!”   [Trib] [WSJ which requires a subscription]; [Telegraph].
  • Two witnesses in the LeNature fraud case will be sentenced today.  [Trib]
  • New property tax assessments ordered by Court of Common Pleas Judge Wettick bewilder and anger Allegheny County residents.  County Executive Rich Fitzgerald says he will fight Judge Wettick’s ruling.  [Post-Gazette]

 

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