Funny Business
- Help Wanted—Please Run $4 Billion University
- Madoff—The Holiday Drink
- Drugs, Booze and Vegas
- Happy World Toilet Day
- Coffee, Tea or My Ad?
- Elvis Has Left The Building, But His Scent Remains
- I Have to Leggo My Eggo
- Wait, Texting Can Save Your Life?
- What Were The Northwest Pilots Really Doing?
- The Folly and the Ivy: Tough Times at Harvard?
MOST SHARED
- The 'Real' Jobless Rate: 17.5% Of Workers Are Unemployed
- Why Amazon Rules Retail
- Wave of Debt Payments Facing US Government
- The Social Media Gaming Threat
- China Eastern to Complete Shanghai Air Buy by End '09
- Gold Will Collapse Like Oil Did in 2008: Charts
- Paul: Audit the Fed
- Prepare For Large Decline In Stocks, Next Year?
- JAL Slides to Record Low on Bankruptcy Jitters
- Nielsen Ratings Coming to Video Games
- Can Murdoch Help Bing Challenge Google and Shift the Content Equation?
- HP's Mark Hurd
- HP Comes in As Expected; Is It Time to Buy?
- 9 Stocks That Play Rising Water Costs: Strategists
- Weis' Deal Likely Won't Change Big Money Contracts
- Gold Prices Can Double in 3 Years: Portfolio Manager
- Nov. 23: Unusual Volume Leaders
- Help Wanted—Please Run $4 Billion University
- Apple Comes to AT&T's Rescue
- How Many US Consumers Will Shop this Weekend?
- Tuesday's Heavy Dose of Data to Dictate 'Risk' Behavior
- World's Largest Share Issue Priced at Deep Discount
- Obama says Boosting US Jobs is Top Priority
- Playboy to Outsource Most Magazine Operations: Report
- Why the Dollar Will Likely Stay Weak for Some Time
- Appeals Court Denies Microsoft's Alcatel Petition
- HP Comes in As Expected; Is It Time to Buy?
- Cramer: What Monday’s Housing Number Really Means
RSS FEED
Text Size 
Correspondent
 |
CNBC.com |
Autumn is upon us, but I see no fall off in candidates for our weekly look at finance's festering underbelly. Here's our list of nominees for The Call of Shame. Vote for your pick at the bottom.
And feel free to leave a comment.
AN INSIDE JOB
Perot [PER
Loading...
()
] employee Reza Saleh is accused of making $8.6 million in illegal profits using inside information to buy stock options ahead of Dell's [DELL
Loading...
()
] proposed purchase of the company. The Wall Street Journal reports that Saleh was also Ross Perot's inside man 30 years ago in rescuing two employees held hostage in Iran. If he's guilty, I say that instead of prison, we put him in Special Ops to go back to Tehran...
TRUMP'S LIBYAN IN-TENT
Oh, Donald. Didn't someone on your team realize that they were renting out your estate TO MOAMMAR GADHAFI? The Libyan dictator's tent has been up and down on Trump's suburban Seven Springs property this week even though Gadhafi wasn't actually staying in it. It's just a "symbolic" gesture he takes with him every time he leaves home. New Jersey officials refused to let him set up camp on property he owns there. Let it never again be said that New York is classier than New Jersey.
CHAIS LUNGE
California's attorney general is lunging at ailing Beverly Hills money manager Stanley Chais, accusing the 83-year-old Friend of Bernie of pretending to be an investment advisor, when in truth he was just sending hundreds of millions of dollars of client's (and his own) money to Madoff. Chais is in New York where he is being treated for a blood disorder, and his attorney says he's too frail to travel west for trial. The lawsuit claims Chais promised returns of up to 25 percent while raking in $270 million in fees.
CRASH TEAM
Ok, I've almost learned to accept cheating in cycling or baseball. But intentionally crashing your car to throw a race? This week Renault's Formula One was given a "suspended permanent ban" (oh, that'll show 'em!) for Nelson Piquet's intentional race-fixing crash at the Singapore Grand Prix last year. Look, it's a Renault, it would've crashed eventually on its own.
KEN LEWIS IS "AWESOME"
Another week, another problem in the Bank of America-Merrill Lynch [BAC
Loading...
()
] deal. This week the bank failed to turn over requested documents in time to a congressional committee. The bank says it's working to remedy that. But my favorite part of the story details what documents HAVE been turned over.Reuters reports that House Oversight and Government Reform Committee Chairman Edolphus Towns claims the bank has sent him "hundreds of pages of unrelated, extraneous information" which includes "emails from employees to Ken Lewis about his 'awesome' performance on 60 Minutes, emails to employees about company discounts at retailers, the announcement of the 'Annual Pecan Sale'" and "an invitation to attend an East Asian investment conference, written in Chinese."
BLOTTO
Only in California. The state lottery's TV show apparently gave $2.8 million away to someone who never actually qualified to be there, while another person who won a $2,000 consolation prize should've actually been allowed to compete in a game worth potentially $30,000. Now you begin to understand why we can't balance a budget...
Questions? Comments? Funny Stories? Email
Data is a real-time snapshot *Data is delayed at least 15 minutes