SECURITIES

Jett Asks Judge to Expedite Release of Money: Joseph Jett, the bond trader fired by Kidder, Peabody & Co. for allegedly reporting bogus profits, broke his silence to say Kidder has been “extremely unfair” in handling his case and that he is innocent of any wrongdoing. Jett and his lawyers filed an application in New York State Supreme Court for expedited arbitration of a claim for release of almost $5 million of his money being held by Kidder. Jett refused to comment on the allegations that are being investigated by the U.S. attorney’s office in Manhattan and the SEC.