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Wall Street passing out cash to boost GOP hopefuls

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Wall Street is spending more on midterm elections than ever before-particularly in support of Republicans, who have a good shot of taking control of the Senate. But the donations are not coming from who you might think.

SEC whistleblower will receive $30m award

Blowing Whistle

An anonymous tipster living abroad will be receiving more than $30 million, in the largest whistleblower award ever doled out by U.S. securities regulators as part of a program that aims to incentivize insiders to report wrongdoing.

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Profits skyrocket at Jefferies

Jefferies, the Wall Street firm owned by Leucadia National Corp., said fiscal third-quarter profit rose almost sevenfold on gains in investment banking.