Scooter Libby sentenced to prison

White House aide Lewis "Scooter" Libby has been found guilty of perjury and obstruction of justice and sentenced to 30 months in prison for his efforts in stifling a CIA leak investigation.

More from BBC News:

A US judge has sentenced former key White House official Lewis "Scooter" Libby to 30 months in prison.

Libby was found guilty of obstruction of justice and perjury in March over the investigation into the unmasking of CIA officer Valerie Plame.

Libby was the former chief of staff to Vice-President Dick Cheney.

Nobody has ever been charged with the offence of leaking the name of Valerie Plame, whose husband had criticised the war in Iraq.

So Libby takes the fall. Will "Plamegate" ever reach the top of this administration? It looks as though the whole thing might fade out in the dying days of this presidential administration, much like the Iran-Contra scandal of Reagan's second term.

More on this from BBC in the background article, "Trial reveals White House secrets".

Jesse Livermore: How to Trade in Stocks (1940 Ed. E-book)

If you've been around markets for any length of time, you've probably heard of 20th century supertrader, Jesse Livermore . Today we're highlighting his rare 1940 work, How to Trade in Stocks (ebook, pdf). But first, a brief overview of Livermore's life and trading career (bio from Jesse Livermore's Wikipedia entry). "During his lifetime, Livermore gained and lost several multi-million dollar fortunes. Most notably, he was worth $3 million and $100 million after the 1907 and 1929 market crashes, respectively. He subsequently lost both fortunes. Apart from his success as a securities speculator, Livermore left traders a working philosophy for trading securities that emphasizes increasing the size of one's position as it goes in the right direction and cutting losses quickly. Ironically, Livermore sometimes did not follow his rules strictly. He claimed that lack of adherence to his own rules was the main reason for his losses after making his 1907 and

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Moneyball: How the Red Sox Win Championships

Welcome, readers . T o get the first look at brand new posts (like the following piece) and to receive our exclusive email list updates, please subscribe to the Finance Trends Newsletter . The Boston Red Sox won their fourth World Series title of t he 21st century this we ek. Having won their first Se ries in 86 years back in 200 4, the last decade-plus has marked a very strong return to form for one of baseball's oldest big league clubs. So how did they do it? Quick background: in late 2002, team own er and hedge fund manager, John W. Henry (with his partners ) bought the Boston Red Sox and its historic Fenway Park for a reported sum of $ 695 million. Henry and Co. quickly set out to find their ideal General Manager (GM) to help turn around their newly acquired, ailing ship. This brings us to one of my fav orite scenes from the 2011 film , Moneyball , in which John W. Henry (played by Ar liss Howard) attempts to woo Oakland A's GM Billy Beane (Brad Pi

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