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SEC charges ex-Fannie, Freddie CEOs with fraud

"If the U.S. attorney's office was going to be bringing charges, they would have brought it simultaneously with the civil case," said Christopher Morvillo, a former federal prosecutor now in private practice in Manhattan. In a lawsuit filed in New York, the Securities and Exchange Commission brough

Recessionista Rose Gold Obsession

Purchase info: Buy it here. Lately I've been buying tons of gold, silver and bronze costume jewelry - everything from necklaces to bracelets and earrings. I've been particularly fascinated with rose gold pieces -- the color just looks fresher! This chunky and delicious necklace is available at H&am

Faster Than Fast

“It’s like Wolford on acid,” Mark Fast said last night at Milk Studios, where he was presenting his new diffusion line, Faster. This was Fast’s first NYFW event, taking place just about a week before his main collection runway show in London. While Faster has been around for a few seasons now, the designer’s reason for showing in New York this time was his new capsule shoe collection with Aldo (the brand also sponsored the presentation), which featured the same perforated styles you find in his clothes. Models dressed in Fast’s fine-gauge knit dresses, bodysuits, and separates in a variety of electric shades-orange sherbet, sea foam, persimmon, and ultraviolet-looked alien-esque (”a new hybrid of women,” he called them) while posing android-style on a turntable platform. Faster has the same DNA as the designer’s namesake collection, which takes an innovative, couture approach to sweater dressing. With fringe, perforated holes, cutouts, and cobweb mesh, Fast’s body-con looks (touted as “luxury basics”) aren’t for everyone, but look killer onstage, as seen on a pre-pregnant Beyoncé at this summer’s Glastonbury music festival. Faster is slightly more accessible price-wise, but made for the same girl who wants to make a bold sweater statement. -Brittany Adams

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Dannijo, the Print Edition

To showcase their Spring 2012 collection, the sister design duo of Dannijo Danielle and Jodie Snyder enlisted the help of photographer Lyle Owerko—who famously shot the image that appeared on Time magazine’s September 11, 2001 issue—to photograph their friends wearing Dannijo gems. “The Portraits project we did with Lyle was so well received that the concept has expanded into the birth of a zine about individuals and lifestyle,” Danielle tells Style.com of their newest project. The free biannual, launching November 14, is set to be distributed in shops selling their jewelry and in art galleries and restaurants around the world.
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