Robert Dolsey put $50,000 into a WexTrust mining venture in 2006. After it imploded, and a court-appointed receiver distributed almost $5 million of WexTrust assets to investors, he received about $900.
Upgraded Hokie Stone quarry rolls out more rock (Roanoke Times)
Virginia Tech is leaning more heavily than ever on Hokie Stone for its new buildings, and the local quarry that digs it up is now outfitted to cut blocks at a much faste and less expensive rate.
A Blow to Pinstripe Aspirations (NY Times)
The struggling financial industry is laying off workers, and those beginning their careers are bearing the brunt of the job cuts and the inevitable loss of status.
MF shortfall could be $1.2 billion (Washington Post)
Amount of customer funds missing from bankrupt brokerage could be double previous estimates.
Executive Gift Guide 2011 (Business Week)
At prices ranging from $11.50 to $3.5 million, from the practical to the extravagant, here are 30 gift ideas to cover all tastes and budgets
Entrepreneur-turned-VC Mark Suster says too much money is chasing too few good ideas. The crash is coming next year.