Preet it could be. I worried are you about corruption within your company . Very concerned . Not at all . What is the importance in a company of general counsel . Do you look to someone to be a true to power presence . What is the importance in a preet it depends on the nature of the industry and the company. The general counsel is the conscience of the firm, but if the conscience of the firm doesnt have juice or power or people, itm the wont matter very much. In the indictment against scc capital, we allege that one of the things that went wrong was they were planning to hire a guy who was suspected of being someone who engaged in Insider Trading at the prior firm. Office,ral counsels the hedge fund, oppose the hiring of the person. Its not shocking the shortly thereafter that person began to engage it Insider Trading. I think people need to have good counsel, generally speaking. I think the person im sure this is true when you think about the cfo you have been other people in positio
The phone rings and says, hes going to upgrade amazon in six minutes. 30 seconds later, i made about a halfMillion Dollars. Narrator to information brokers. They told me they were going to arrest everybody. Narrator to sac capital. Arrested fund managers. Doesnt matter who you are. Rules are rules, and the law is the law. Narrator tonight on frontline, to catch a trader. Frontlinis made possible by contributions to your pbs station from viewers like you. Thank you. And by the corporation for public broadcasting. Major support for frontliis provided by the john d. And catherine t. Macarthur foundation. Committed to building a more just, verdant and peaceful world. More information is available at macfound. Org. Additional support is provided by the park foundation, dedicated to heightening Public Awareness of critical issues. The ford foundation, working with visionaries on the frontlines of social change worldwide. At ford foundation. Org. The wyncote foundation. And by the frontline j
Hes going to upgrade amazon in six minutes. 30 seconds later, i made about a halfMillion Dollars. Narrator to information brokers. They told me they were going to arrest everybody. Narrator to sac capital. Arrested fund managers. Doesnt matter who you are. Rules are rules, and the law is the law. Narrator tonight on frontline, to catch a trader. Frontlinis made possible by contributions to your pbs station from viewers like you. Thank you. And by the corporation for public broadcasting. Major support for frontliis provided by the john d. And catherine t. Macarthur foundation. Committed to building a more just, verdant and peaceful world. More information is available at macfound. Org. Additional support is provided by the park foundation, dedicated to heightening Public Awareness of critical issues. The ford foundation, working with visionaries on the frontlines of social change worldwide. At ford foundation. Org. The wyncote foundation. And by the frontline journalism fund, with major
HalfMillion Dollars. Narrator to information brokers. They told me they were going to arrest everybody. Narrator to sac capital. Arrested fund managers. Doesnt matter who you are. Rules are rules, and the law is the law. Narrator tonight on frontline, to catch a trader. Frontlinis made possible by contributions to your pbs station from viewers like you. Thank you. And by the corporation for public broadcasting. Major support for frontliis provided by the john d. And catherine t. Macarthur foundation. Committed to building a more just, verdant and peaceful world. More information is available at macfound. Org. Additional support is provided by the park foundation, dedicated to heightening Public Awareness of critical issues. The ford foundation, working with visionaries on the frontlines of social change worldwide. At ford foundation. Org. The wyncote foundation. And by the frontline journalism fund, with major support from john and jo ann hagler. Narrator november 2010. A team of repor
The nasdaq down by about 12. Because of tomorrows holiday, you do have the Labor Department coming out, releasing its weekly jobless claims numbers today. We get them a day early instead of a day late. Also today well be getting Weekly Mortgage rates. And freddie mac will report on the Weekly Mortgage rate averages as well. Lets talk about the top Global Market story this morning. It is greeces International Lenders, which did not reach a deal, and now they wont be releasing that next bailout payment. Nearly 12 hours of talks failed to reach a consensus. The imf and the central bank all going to gather again on monday to try again, but this is not necessarily good news at all. Hostess brands will proceed with a plan to go out of business. The maker of twinkies says lastminute talks with the striking workers broke down yesterday, hearing with a bankruptcy judge set for 11 00 eastern time. Then we have another string of bad news. A bad development. A very bad development. I thought for s