SEC charges trader with hijacking accounts (Reuters)

Reuters - Securities regulators charged a Latvian trader with reaping more than $850,000 in illegal profits by hacking into online brokerage accounts and manipulating more than 100 securities.

Government opens case against accused swindler Stanford (Reuters)

Reuters - Texas financier Allen Stanford used lies and bribes to steal the hard-earned savings of his customers, prosecutors said on Tuesday.

7 charged in $78M record-setting inside trade case (AP)

Hedge fund portfolio manager Todd Newman, of Needham, Mass., leaves the federal court house after his appearance in connection with an insider trading investigation in Boston, Wednesday, Jan. 18, 2012.   Nearly $62 million was earned illegally by hedge funds, financial analysts and a Dell Inc. employee represents 'a stunning portrait of organized corruption on a broad scale',  a prosecutor said Wednesday in announcing charges in the case. (AP Photo/Charles Krupa)AP - Greed on Wall Street set a new record, federal authorities said Wednesday as they unveiled a massive insider trading case charging a hedge fund co-founder with engineering a trade that earned a staggering $53 million in profits.


Edward Derwinski, 1st veterans affairs sec’y, dies (AP)

AP - Edward Derwinski, who represented Chicago's south side and adjoining suburbs in Congress for nearly a quarter-century before becoming the nation's first secretary of veterans affairs, has died. He was 85.

Occupy DC carries on; rally planned next week (AP)

AP - The Occupy Wall Street movement is flickering across the country.


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