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Nightmare On Wall Street

Freddy Krueger

It's one of Wall Street's biggest nightmares - speculation that a huge insider trading scandal is about to hit hedge funds, brokers, investment banks, and US mutual funds.

Wells Fargo Makes Out Like A Bandit

Citi and Wells Fargo have agreed to settle their spat over Wachovia, coming to a settlement which requires Wells to pay $100m to Citi to resolve 'all claims related to this dispute'.



Ben Bernanke

Bernanke defends AIG bailout in court

Former Federal Reserve Chairman Ben Bernanke took the stand in the American International Group bailout trial Thursday afternoon appearing slightly combative and vaguely annoyed at having to testify.