« Google Added to S&P 500 | Main | Oshkosh Hits Another New High »

Yesterday, the Feds nabbed a bunch of mobsters in a stock scam operation. How'd you like to do business with these folks?

The defendants, including accused Colombo family captain Joseph Baudanza, 61, and his brother Carmine Baudanza, 63, also extorted stock brokers, traders, cold callers and brokerage firm owners through threats and violence, authorities said.

One stock promoter was kidnapped and chained to a pit bull dog, one broker was beaten with a bat, and another was stabbed when he tried to leave one of the firms, authorities said.

In other news, a broker was fired after bringing a prostitute back to the office after hours. Now he's suing the company. He said he felt unappreciated. (I'm not making this up.)

Posted by edelfenbein at March 24, 2006 11:05 AM