The Century's Big Insider-Trading Bust

Involving a number of investment houses, the charges cast a wider net than anyone had anticipated. Plus, a piggyback cover-up scheme is revealed

Even John Grisham would have a tough time topping the latest Wall Street insider-trading saga, outlined on Mar. 1 by federal authorities against a group of current and former employees of four big investment houses: UBS (UBS) Morgan Stanley (MS), Bank of America (BAC) and Bear Stearns (BSC).

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