Barry Ritholtz writes on his The Big Picture blog that he wonders who fed CNBC reporter Charles Gasparino information about the bailout of Ambac Financial that turned out to be false.
“But here’s the question that keeps coming up: Who are the people leaking this information? And, is this legal? Now, we have learned that all of these attempts at manipulating the market were based on rumors that proved to be false.”
Later, he wrote, “CNBC reporter Charlie Gasparino has repeatedly caveated this to death on any of his reporting: He recommended people be ‘cautious’ about trading on the latest rumors, and specifically noted that a deal has been rumored to be ‘close’ before and none had come to pass.”
Read more here.
The Yale Program on Stakeholder Innovation and Management announced the appointment of Alan Murray, departing chief…
The Advocate is looking for a savvy reporter to cover the Baton Rouge business scene…
MLex, a LexisNexis company, is an independent news organization for breaking news and forward-looking analysis…
The Austin Business Journal seeks a staff writer to cover economic development in one of…
A Russian court on Saturday placed Sergei Mingazov, a journalist for the Russian edition of…
Justin Nielsen of Investor's Business Daily writes about the newspaper's 40th anniversary. Nielsen writes, "When the…