Stocks for best of friends
The two most valued words at NBC are "Heeere's Johnny!" No wonder, since Johnny Carson's Tonight show brings the network $90 million a year in advertising revenues. It does come as some surprise, however, that the mere mention of Host Carson's name can also affect the stock market. Last week a few of Carson's friends and relatives were caught in an embarrassing, illegal stock ploy to capitalize on inside information about the entertainer's participation in a Las Vegas casino deal.
Though accused of no wrongdoing, in the middle of...
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