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...others illegally used secret information about public companies to inform investments that yielded some $60 million in profits over the past several years. The defendants, who also include traders, lawyers and executives at firms such as IBM and McKinsey & Co., now face hefty fines and years behind bars. (Read "Arrests Open a Window on Hedge-Fund Culture...
...Winans, and two associates were guilty of mail and wire fraud for trading on names mentioned in upcoming editions of the newspaper's "Heard on the Street" columns. Winans was sentenced to 18 months in prison, although the court split on whether his actions also constituted illegal insider trading. (Read "What's Still Wrong with Wall Street...
...lack a connection to a company cannot trade on inside information if they know it is meant to remain confidential. (ImClone was run by Stewart's friend, Sam Waksal.) Ultimately, Stewart was not convicted of insider trading, but of lying to authorities and obstructing justice during the investigation. (Read "How Washington's Bailout Will Boost Wall Street Bonuses...
...measure up to recent Diaz openings, even middling ones. But, like Goats, it cost only about $25 million to make. And Warner Bros. didn't exactly lavish big bucks on marketing the movie. The age-old industry parlance applies to The Box: "It wasn't released - it escaped." (Read TIME's Precious review...
...seventh week 6. The Box, $7.9 million, first week 7. Couples Retreat, $6.4 million; $96 million, fifth week 8. Law Abiding Citizen, $6.2 million; $60.9 million, fourth week 9. Where the Wild Things Are, $4.2 million; $69.2 million, fourth week 10. Astro Boy, $2.6 million; $15.1 million, third week Read "The Year in Medicine 2008: From...