December 2, 2008
WINNERS & LOSERS WINNER LEHMAN BROTHERS BEATS EXPECTATIONS Lehman Brothers Holdings Inc., the No. 4 investment bank, on Tuesday said third-quarter profits fell less than expected, as strength in stock trading and investment banking offset losses from the struggling mortgage market. Shares rose $5.87 to $64.49. HOME BUILDER’S LEADER GIVES DETAILS OF WOES
You might remember Wade Cook from his stock-trading financial seminars attended by throngs of hopeful investors or Wall Street Money Machine and Wealth 101, books that touted his secrets that you can still find at Barnes & Noble (NYSE: BKS) , Borders (NYSE: BGP) , and Amazon.com (Nasdaq: AMZN) . Now federal prosecutors have charged him with eight counts of tax fraud.
'You are my heroes,' Stewart tells employees
Stewart and Bacanovic • Indictment: U.S. v. Stewart and Bacanovic • Complaint: SEC v. released from prison BACKGROUND • Timeline of the stock trading scandal • The life of Martha Stewart •
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