60 minutes. Rigging the market
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.
Runtime
13 min
Series
Subjects
Genre
Date of Publication
2002
Database
Alexander Street
Direct Link
https://www.remote.uwosh.edu/login?url=http://www.aspresolver.com/aspresolver.asp?CBSV;2785454
Similar Films
60 minutes. Saddam. Part one
60 minutes. Iran versus Iran
60 minutes. Ted Kennedy
60 minutes. Syria
60 minutes. Internet Christmas. Andy Rooney
60 minutes. Sovereign wealth funds
60 minutes. Parker & Stone. The Book of Mormon
Why is this earnings season dull?
60 minutes. McCain. The candidates
60 minutes. The match of his life
60 minutes. McCullough. Part 1
60 minutes. The false confession capital
60 minutes. For better or for worse
Metzl. There are major problems in China
60 minutes. See no evil [killer nurse]