FAST MONEY FEATURES
FAST MONEY POLLGet in the post game. Respond to our "Question of the Day" right now.
FULL SHOWSMissed an episode of Fast Money? Watch the lastest show here.
TRADE SCHOOLGrab a pencil because school is in session and the Fast Money traders are teaching class.
FAST MONEY PODCASTSDownload Fast Money onto your MP3 Player.
FAST MONEY WIDGETGrab this all-in-one application and get recaps of the show sent right to your desktop or blog.
SHOP FOR FAST MONEY MERCHANDISEGet your game on with Fast Money gear.
FAST MONEY PHOTOS!Check out our scrapbook. These "pix" are guaranteed winners.
NEWSLETTERSign up and receive a recap email every Friday after the show!
FAST MONEY MOBILE ALERTSGet advanced information about the next Fast Money.
Text Size 
 |
In breaking news CNBC Senior Correspondent Scott Cohn reveals new details about the Art Nadel fraud allegations – it’s a story you first heard about on Fast Money!
Cohn says Art Nadel is behind bars now. You might remember Nadel had disappeared on January 14th just as the six hedge funds he managed went bust and his family reported him to police -- as a possible suicide.
But within days, Art Nadel was writing home to his family. In letters he said what he did was not stealing, but instead his moves were merely desperate attempts to doctor continuing losses.
Turns out Nadel did a lot of traveling while he was away. And before he left, he was doing a lot of check writing. Scott Cohn has learned that he wrote thousands of dollars in checks to himself and his other businesses, including a check for $120,000 the day before he disappeared.
Prosecutors say the evidence of Nadel's guilt is overwhelming and that he lied to investors almost every day for ten years. Nonetheless, the 76-year-old will be in court with his attorneys Friday, asking that he be freed on bond.
- Your First Move For Wednesday November 25th
- Web Extra: Seymour's M&A Play
- Pops & Drops: American Eagle, Green Mountain Coffee...
- Giving Thanks: Najarian
- Take Your Position: Cyber Monday
- Rick's Turkey: Fed Transparency
- Under The Radar Trades
- Our Best Black Friday Trades
- GDP Drags Stocks Lower
- Halftime Report: Is Oil Heading To $96?
______________________________________________________
Got something to to say? Send us an e-mail at and your comment might be posted on the Rapid Recap. If you'd prefer to make a comment but not have it published on our website send those e-mails to .
Trader disclosure: On Feb. 12th, 2008, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders; Najarian Owns (CAT) Call Spread, (ENER) Call Spread, (EEM) Call Spread, (GDX) Call Spread, (GLD) Call Spread; Najarian Owns (CHK) Put Spread; Najarian Owns (FCX) & (FCX) Calls; Najarian Owns (GS) Calls; Najarian Owns (MSFT) & (MSFT) Short Calls; Najarian Owns (MS) & (MS) Short Calls; Najarian Owns (MOS) Call Spread; Adami Owns (AGU), (BTU), (C), (GS), (INTC), (MSFT), (NUE); Finerman's Firm Owns (DNA) & (DNA) Call Spread; Finerman's Firm Owns (MSFT), (UNH); Finerman's Firm Is Short (IYR), (IJR), (IWM), (MDY), (SPY), (COF), (USO), (BBT); Macke Owns (RIMM), (AAPL), (MS), (TM), (SDS)
CNBC.com with wires
Data is a real-time snapshot *Data is delayed at least 15 minutes