There is a fascinating, though minor, scandal brewing over at CNBC.
CNBC has delayed announcing the winner of its Million Dollar Portfolio Challenge contest, which ended a week ago, because of allegations of cheating in the form of a version of after-market trading. With a $1,000,000 annuity as the prize, the contest proceeded in two stages: a 10-week contest followed by a 2-week finals for the 10 weekly winners and 10 others with the best overall portfolio results. There was also a 2-week consolation contest for those who didn