Heard on the Street: Behave
Prosecutors said the insider-trading conviction of former Qwest chief executive Joe Nacchio on Thursday sent a strong message of caution to Wall Street.

Prosecutors said the insider-trading conviction of former Qwest chief executive Joe Nacchio on Thursday sent a strong message of caution to Wall Street.
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Netflix competitor Peerflix to cease operations
Peerflix offered a service similar to Netflix, except that it was geared toward members trading their own discs rather than renting them. According to its Web site, its demise is attributable to escalating operational costs.
SocGen chairman's fate in balance as board meets
The board of Societe Generale was expected to decide on Wednesday whether to ditch its chairman in the wake of rogue trading losses, with the future of France's second-biggest listed bank at stake as the government warned off predators.
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