Ex-Enron exec pleads guilty to insider trading
Houston: Former Enron rising star David Delainey pleaded guilty to insider trading on Thursday, admitting he took part in a senior management scheme to rig quarterly earnings and falsely boost the stock price.
Back to News Review index page  

Strong Capital to be charged for improper trades
New York: New York attorney general Eliot Spitzer expects to bring charges against mutual fund company Strong Capital Management, its founder Richard Strong, and possibly another employee as part of a probe into improper mutual fund trading, a spokeswoman said on Thursday.
Back to News Review index page  

China relaxes investment curbs
Beijing: China said on Friday it would allow businesses in some regions to invest more money abroad in its latest move to deflect US pressure for a revaluation of its yuan currency.
Back to News Review index page