For at least the past two months, editors at Business Week have been secretly looking for snoops: people who were apparently sneaking an early peek at the magazine's "Inside Wall Street" column in order to make a quick profit by buying stocks mentioned favorably before regular readers could do so. Last week the probe, which has been joined by Government investigators and stockbrokerage officials, finally turned up several suspects.
Merrill Lynch fired William Dillon, 33, a financial consultant in its New London, Conn., office. Prudential Bache dismissed Brian Callahan, 28, a broker in its Anaheim, Calif., branch. Another investment firm, Advest,...
To continue reading:
or
Log-In
