Friday, 24 October 2014
Last updated 20 hours ago
Apr 27 2011 | 12:01pm ET
He may be moldering away in prison for the next 14 years, but Arthur Nadel will be back in living color tonight—on television.
Nadel's $168 million fraud is the subject of the newest episode of CNBC's "American Greed." The show will premiere tonight at 10 p.m., although those with better things to do tonight can catch re-runs early Thursday morning, Saturday, Sunday or May 4.
CNBC was in Nadel's hometown of Sarasota in January to interview people connected with the fraud, including victims, lawyers and former employees of his firm, Scoop Management. The episode is titled, "The Wizard of Sarasota."
Nadel pleaded guilty to fraud last February, a year after his Ponzi scheme collapsed. He was sentenced to 14 years in prison in October.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Most traders agree that proper risk management is the key to successful trading. However, many traders depend on the deeply flawed measure of standard deviation as a benchmark of risk. Here we put it ...