Category: Buy and Sell

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VIDEO: Martoma Sentenced to Nine Years: What Happens Next?

Sept. 8 (Bloomberg) — Former SAC Capital Advisors LP portfolio manager Mathew Martoma was sentenced to nine years in prison for the most lucrative insider-trading scheme in history, in what may be the governments last hurrah in the investigation of billionaire Steven A. Cohen. Patricia Hurtado reports on “Taking Stock.” (Source: Bloomberg)

VIDEO: Trump Entertainment Said Planning to File for Bankruptcy

Sept. 8 (Bloomberg) — Trump Entertainment Resorts Inc., the casino company founded by Donald Trump, will file for bankruptcy again, according to people with knowledge of the situation, putting a fifth New Jersey casino in danger of closure. Alix Steel reports on Bottom Line. (Source: Bloomberg)

VIDEO: Plosser, Fed’s Lone Dissenter, Warns Again On Risks Of Waiting To Hike Rates

Philadelphia Federal Reserve Bank President Charles Plosser, the loan dissenter at the Fed’s July policy meeting, on Saturday continued his push for the U.S. central bank to change its language on monetary policy to reflect an improving economy and pave the way for a sooner-than-expected interest rate hike. Plosser, who is known for his longstanding… Continue reading VIDEO: Plosser, Fed’s Lone Dissenter, Warns Again On Risks Of Waiting To Hike Rates

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