Behind Your Business

Reuters - A former general counsel at the U.S. Securities and Exchange Commission has settled a lawsuit accusing him and two brothers of receiving money derived improperly from Bernard Madoff's Ponzi scheme.

AP - When Facebook goes public in a few months, will its stock appear on the New York Stock Exchange or the Nasdaq? Depends what its billionaire founder prefers for a backdrop — a trading floor on Wall Street or towering video screens in Times Square.

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.

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

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.