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Wall Street Roundup: Freddie past haunts executive, Scorcese to direct Wall Street film

February 17, 2011 |  8:35 am

Gold: Trading now at $1,382 per ounce, up 0.6% from Wednesday. Dow Jones industrial average: Trading now at 12,298.12, up 0.1% from Wednesday.

Wall sign -- stan honda afp getty images Banks face trouble. Regulators may be preparing to fine big banks for their alleged sloppiness in servicing residential mortgages. 

Freddie past haunts exec. Freddie Mac's former chief financial officer quit his job after receiving a warning from regulators that he may face civil charges in connection with his tenure at the failed mortgage giant. 

Signs of spending. Bloomberg has turned up data indicating that American companies may be starting to spend the big piles of cash they have been building up over the last few years.

Trading on friendship. The Wall Street Journal provides an inside look at how the most recent insider-trading charges allegedly grew out of one hedge funders decision to turn on his best friend.

Scorcese on Wall Street. Martin Scorcese is hooking up with Leonardo DiCaprio to film "The Wolf of Wall Street," a bestseller about greed gone wrong.

-- Nathaniel Popper

Photo:Stan Honda / Getty Images

 

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