INSIDER TRADING

Ex-dictator Hosni Mubarak is slipping in and out of consciousness eight days after he was sent to prison to begin serving a life sentence, an Egyptian security official said Sunday.

The Industrial and Commerce Bank of China (Hong Kong: 1398; Shanghai: 601398), the world's largest bank, is set to buy an 80 percent stake in Bank of East Asia (BEA) USA, based in New York.

In its latest employment contract with CEO Aubrey McClendon, Chesapeake Energy Corp gave him permission to trade commodities for himself after he already had begun doing so.

Eduardo Saverin is just one of four co-founders of the social-network powerhouse that is Facebook. But what makes Saverin so unique, among other qualities, is that while he is the only co-founder to have no decision making power in the company, he still owns less than 5 percent of Facebook's shares and has a net worth of $2 billion.

Shares of Chesapeake Energy Corp., the No. 2 natural gas producer in the U.S., plunged Wednesday after a report that the CEO and co-founder secretly ran a hedge fund that traded in the same commodities that the Oklahoma City company produces.

Brazilian investment bank BTG Pactual raised 3.65 billion reais ($1.96 billion) in the country's largest initial public offering in more than 2 1/2 years amid strong demand, a local regulator said Tuesday.

The U.S. Supreme Court rejected a petition from imprisoned former Enron executive Jefffrey Skilling.

Trading on nonpublic information is already illegal for House and Senate members, but the new law bars them and any other federal employee from trading on nonpublic information about upcoming legislation or regulations. It also tightens disclosure requirements on financial transactions.

The U.S. Senate voted Thursday in favor of sending a bill to President Barack Obama which will ban insider trading by Congress members.

The Senate Thursday voted overwhelmingly to send President Barack Obama legislation imposing new curbs on insider trading by members of Congress, even though the measure was weaker than a version it passed in February.

The resignation letter printed as an op-ed in The New York Times on Wednesday by Greg Smith, a London-based executive director for Goldman Sachs that oversees equity derivatives, has stirred up a lot of trouble for the firm. Smith claimed that the environment now is as toxic and destructive as I have ever seen it. This upset is far from the first for the firm. Goldman Sachs has been involved in a string of controversies ranging from involvement with Greek debt to insider trading.

The culture has to change, Douglas reportedly said.

An executive of Goldman Sachs Group Inc has been investigated by the U.S. Federal authorities as part of an insider-trading probe.

Michael Douglas has reprised his Oscar-winning role as Gordon Gekko for a public service announcement from the FBI about insider trading. If a deal looks too good to be true, it probably is, Douglas says in the spot, which debuted on CNBC and Bloomberg Television.

WikiLeaks released over 5 million emails hacked from U.S.-based global intelligence firm Strategy Forecasting, Inc. (Stratfor), revealing an alleged plan between the firm's CEO and a Goldman Sachs executive to set up an investment fund that would rely on inside information gathered by the company.

The Office of Congressional Ethics is looking into whether Rep. Spencer Bachus, chair of the House Financial Services Committee, violated insider trading laws and used his public office for private gain.

The House of Representatives on Thursday overwhelmingly passed new curbs on insider trading by lawmakers and other government officials despite complaints from Democrats and some Republicans that key anti-corruption provisions were dropped.

Canadian securities regulators on Tuesday implicated mining executive Ian Telfer in an alleged insider trading scheme, saying he helped the main defendant in the case disguise her illegal trading activities.

Canadian securities regulators on Tuesday implicated mining executive Ian Telfer in an alleged insider trading scheme, saying he helped the main defendant in the case disguise her illegal trading activities.

Rajat Gupta, a former director of Goldman Sachs and Procter & Gamble who is the highest-ranking executive charged in a U.S. crackdown on insider trading, could face additional allegations, a federal prosecutor said on Tuesday.

The indictment of Kim Schmitz aka Kim Dotcom, the founder of the video locker service MegaUpload, on charges including criminal copyright infringement and conspiracy to commit money laundering, has raised a significant amount of public interest in his rather epic lifestyle.