Judy Woodruff speaks with a Financial Times reporter about 14 people facing insider-trading charges for allegedly netting $20 million in illegal profits.
In other news, markets rose on Wall Street after positive news from the homebuilding and retail sectors, and billionaire banker Allen Stanford pleaded not guilty to to bilking investors out of their investments.
In other news, two U.S. soldiers were killed in Afghanistan on Friday after a bomb struck their convoy and billionaire Texas banker Allen Stanford was indicted on federal charges of fraud and obstruction.
Texas billionaire R. Allen Stanford and several associates have been indicted on fraud and obstruction charges in what U.S. Justice Department officials say was a $7 billion pyramid scheme to defraud more than 5,000 investors over more than a decade.
By PBS NewsHour
Billionaire financier Allen Stanford is accused of swindling investors out of billions. Wall Street Journal reporter Glenn Simpson gives an update.
Stocks plummeted after bleak unemployment and manufacturing reports, and the California legislature approved and sent a budget to Gov. Arnold Schwarzenegger after a long political deadlock. Jim Lehrer recaps the day's other news headlines.
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