Showing results for "the-traders’-war:-the-merchant-princes-books-3-and-4" in True Crime

Hosted by CNBC Senior Washington Correspondent Eamon Javers, this is the secret story of a young Russian oligarch who hacked his way to an illicit $93 million fortune...and the FBI team who finally brought him to justice. For generations, insider trading on Wall Street has been a crime of the American rich: the stereotype of corporate executives passing stock tips at country clubs was not far off. But new cyberwarfare techniques, and an aggressive anti-Western Putin regime in Moscow have turned this kind of insider corruption into an attack from the outside on the American economy itself, with...

A corrupt practice known as dual trading allowed powerful brokers to exploit investors, rig trades, and cover their losses at the expense of everyday traders. Despite industry pushback and two failed reform votes, these renegade traders, led by Michael Russo and Owen McAuliffe, refused to back down. Their relentless fight for market transparency and fair trading practices ultimately led to landmark financial reforms and shielded the CME from federal indictments during an FBI investigation into market manipulation.

The 1830 murder of wealthy slaver Joseph White shook all of Salem, Massachusetts. Soon the crime drew national attention when it was discovered that two of the conspirators came from Salem's influential Crowninshield family: a clan of millionaire shipowners, cabinet secretaries, and congressmen.