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American Greed _ A Scam Exposed: Strippers and Insider Trading
American Greed series page at Hulu.comA young Wall Street broker who wanted to get rich, David Pajcin partnered with fellow broker Gene Plotkin to mastermind a complex insider trading scheme.
Author: 
hulu
Tags: CNBC Original Production CNBC Originals CNBC financial white collar white collar crime money Exposed: executive wealth wall street mont blanc lavish personal finance David Pajcin financier nbc scam investment scam exposed bankrupt CEO stock holder shares crime American business investigation ponzi Award Winning prison offshore banking corporate fraud Strippers scheme stock criminal insider trading investigative reporting victims laundering business prison break ponzi schemes company million Gene Plotkin wall st American diamond-encrusted Mont Blanc pens shareholder inside business Scam stocks investor CNBC Documentary Greed NYSE and fraud lifestyle detective Insider valuables invest stock market American Greed companies NASDAQ investigative report money laundering banking strippers Trading CNBC Documentaries diamonds con Stacy Keach Redd Skelt executives
Posted: 12 February 2009
Rating: 5.0
Votes: 1
GRITtv: The F Word: Coal Company Shopping Spree
Last week, I noted that rating agency Standard and Poors had upgraded Massey Energy from “hold” to a “buy.” Massey's the company that owns the mine where 29 miners were killed in an explosion recently. Now we find out that Standard and Poors were right: Massey's prospects are only going up -- in fact, they're on a shopping spree! Perhaps they're just taking George W. Bush's advice from 2001 to heart: the best way to deal with a tragedy is to go shopping. Anyway, the Wall Street Journal reports that Massey completed a purchase of U.S. coal producer Cumberland Resources Corp. for $640 million in cash and 6.5 million of its shares. Now, we should be fair. Jeff Biggers pointed out on this show that while Massey might be a particularly egregious union-buster and regular safety violator, they're hardly that far outside the norm for their industry. They're serving their investors and the politicians who benefit from their largesse, and they're taking advantage of opportunity -- the purchase of Cumberland was said to be part of a focus on underground mining for Massey in the face of expected federal regulations on surface mining. One can't help feeling that while Massey's CEO may be on the outs -- there are mounting calls for his resignation -- the bigger problem's the coal industry itself. No fine's enough. And until we see some serious structural changes, the industry is going to continue doing what it has been doing: trading death for profit. The F Word is a regular commentary by Laura Flanders, the host of GRITtv which broadcasts weekdays on satellite TV (Dish Network Ch. 9415 Free Speech TV) on cable, and online at GRITtv.org and TheNation.com. Support us by signing up for our podcast, and follow GRITtv or GRITlaura on Twitter.com. Distributed by Tubemogul.
Author: 
grittv
Tags: grittv grit laura flanders coal mining cumberland resources explosion jeff biggers massey energy miners mines standard and poor’s surface underground upper big branch wall street journal
Posted: 20 April 2010
Rating: 5.0
Votes: 1
CDTV.net 2009-06-19 Stock Market Trading News, Analysis
Stock Market Trading News, Analysis & Dividend Reports, Stock Dividends, Stock Market News, Market Wrap-up, CLARCOR Inc. (NYSE: CLC), J. M. Smucker Company (NYSE: SJM), Flowers Foods (NYSE: FLO), Seaboard Corporation (AMEX: SEB), Marriott International, Inc., (NYSE: MAR), H. J. Heinz Company (NYSE: HNZ), Piedmont Natural Gas (NYSE: PNY)
Author: 
cdtvdotnet
Tags: Stock Dividend trading analysis wall street dividends financial investments business Market Wrap-up
Posted: 22 June 2009
Rating: 1.0
Votes: 1
CDTV.net 2009-08-13 Business News, Trading News, Analysis
Business News, Stock Market Trading News, Analysis & Dividend Reports, Stock Dividends, Stock Market News, Market Wrap-up, Wal-Mart Stores, Inc. (NYSE: WMT), Estée Lauder Companies Inc. (NYSE: EL), Qualcomm Incorporated (Nasdaq: QCOM), Cabot Corporation (NYSE: CBT), Vulcan Materials Company (NYSE: VMC), Southwest Gas Corporation (NYSE: SWX), Sherwin-Williams Company (NYSE: SHW)
Author: cdtvdotnet
Tags: Stock Dividend Business News trading analysis wall street dividends financial investments business Market Wrap-up
Posted: 13 August 2009
Rating: 0.0
Votes: 0
CDTV.net 2009-08-14 Business News, Trading News, Analysis &
Business News, Stock Market Trading News, Analysis & Dividend Reports, Stock Dividends, Stock Market News, Market Wrap-up, Abercrombie & Fitch Co. (NYSE: ANF), J. C. Penney Company, Inc. (NYSE: JCP), Northrop Grumman Corporation (NYSE: NOC), Integrys Energy Group, Inc. (NYSE: TEG), Williams (NYSE: WMB), CSX Corporation (NYSE: CSX), Allstate Corporation (NYSE: ALL)
Author: cdtvdotnet
Tags: Stock Dividend Business News trading analysis wall street dividends financial investments business Market Wrap-up
Posted: 14 August 2009
Rating: 0.0
Votes: 0