Ex-Trader At Rochdale Is Arrested After $1 Billion Trade In Apple

A former trader at Rochdale Securities has been arrested and charged with fraud after his well-publicized purchase of $1 billion worth of Apple stock, a trade that put the firm in financial peril.

http://dealbook.nytimes.com/2012/12/04/ex-trader-at-rochdale-is-arrested-after-1-billion-trade-in-apple/?smid=tw-nytimesdealbook&seid=auto