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Ex-Madoff employee avoids jail

Bernie Madoff

A former Bernard Madoff employee who helped create fake securities trades to trick customers for years avoided a prison sentence, the third ex-worker to do so after assisting in the prosecution of one-time colleagues.

Morgan Stanley chief defends 25% pay hike

James Gorman Pic

Morgan Stanley Chairman and CEO James Gorman defended the 25 percent pay hike he was awarded last year - reportedly the highest among Wall Street chief executives - saying it was justified by the bank's performance.

We all lie

Kid Swearing Potty Mouth

News flash: We all lie! Behavorial economist Dan Ariely explains why - and how it's contagious.