Who Got Rich This Week: A New Billionaire, An Arkansas Banker And More

Each week at Forbes we scan our database of corporate insiders to see who got richer from the action in the stock market. The good news is that the major American equity indices avoided a three week losing streak this week. Despite taking a dive at the bell on Friday, the S&P 500 closed the week up nearly 1%, while the NASDAQ approached a 1.5% gain. The bad news is that price action is still being driven by the Federal Reserve’s unprecedented participation in the market and the fickle opinions of investors as to what exactly that participation will look like going forward and what it even means in the first place. After Fed chairman Ben Bernanke announced last Wednesday that the central bank plans to begin tapering its asset purchases this year, markets tumbled, just as everyone knew they would. After a pair of Fed presidents told investors they overreacted, markets rose. Here are a couple of insiders who managed to strike it rich, despite all the drama:

http://www.forbes.com/sites/edwindurgy/2013/06/30/who-got-rich-this-week-a-new-billionaire-an-arkansas-banker-and-more/