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Rigging The Market

Shawn Efran; Scott Pelley 1957-; Shawn Efran producer; CBS News.

2002

Online access

  • Title:
    Rigging The Market
  • Author: Shawn Efran; Scott Pelley 1957-; Shawn Efran producer; CBS News.
  • Description: November 13, 2002 - Remember those high-flying stocks sold for the first time in the 1990s, the ones that soared from $20 a share to $100 a share in hours? Some insiders now say the great price leaps for these 'initial public offerings' - IPOs - were the result of insider agreements designed to force prices artificially high. The scam is called 'laddering.' Rumors of laddering have been widespread, Scott Pelley reports, but investigations have been hamstrung by a lack of witnesses.
  • Publication Date: 2002
  • Publisher: New York, NY : Columbia Broadcasting System
  • Format: 1 online resource (14 minutes).
  • Subjects: Securities fraud; Stock exchanges; 2000s; Financial investments; Fraud; Stock market; United States; Television news; News story
  • Language: English
  • Source: 01DAL UDM ALMA

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