Insider Trading

From insider trading to getting ready for life "on the inside" -- The Wall Street Journal reports that convicted white-collar criminals are increasingly paying for prison prep from former inmates.

Aware that most Americans would like to dump them all, members of Congress hope to regain some sense of trust by subjecting themselves to tougher penalties for insider trading and requiring they disclose stock transactions within 30 days.

Four times in five years, lawmakers have introduced the Stop Trading On Congressional Knowledge Act to bar senators and representatives from investing based on knowledge they gained in the course of their duties. Three times, the STOCK Act has died in committee. Will the fourth time be the charm?

David Sokol, once considered a likely successor to Warren Buffett as CEO of Berkshire Hathaway, resigned this week from Berkshire under a cloud of possible insider trading charges. But these recent ethical lapses are hardly the worst of Sokol's business transgressions.

David Sokol, widely viewed as the heir apparent to famed investor Warren Buffett, abruptly resigned Wednesday. What investors want to know now is who's still in the running to succeed Buffett as CEO. Here are four possibilities.

Some stock groups are harder to divine than others, and among those that are tough to figure is the often-opaque insurance industry. But Ray Dirks has been around it for a long time, and when he recommends an insurance stock, it behooves investors to pay attention.

The Securities and Exchange Commission's insider-trading charges against Rajat Gupta, former head of consulting firm McKinsey & Co., comes as a shock to many. The news comes after another McKinsey director pleaded guilty to insider-trading charges in January. Should we expect more to come?

Nope, Angelo Mozilo won't be serving time, no matter what the evidence shows. In fact, he won't even face a trial. Wondering how the most convictable CEO among the titans who brought down the financial system is getting off so easy? The answer lies in the revolving door between Wall Street and its "regulators."

Innocent men don't usually rip open disk drives with pliers and frantically shred sensitive documents. So it doesn't look good for the two hedge fund managers charged with insider trading yesterday who are taped describing such actions.

The Securities and Exchange Commission accused a former employee of Deloitte Tax LLP and his wife with earning millions of dollars from insider trading. The SEC said that Arnold McClellan and his wife Annabel leaked information about at least seven confidential acquisitions by Deloitte clients to...