Business briefs
Insider trading
Karl Motey, an inde pendent consultant in California, pleaded guilty to conspiracy and securities fraud on Dec. 14, according to court papers made public yes terday. Motey got secret tips from sources at Marvell Technology and passed information to hedge fund clients, the feds allege.
Tiger tossed
Procter & Gamble’s Gillette brand will not renew its endorsement contract with golfer Tiger Woods, which ends on Dec. 31.
Xanadu rising
Triple Five, owner of the Mall of America in Minnesota, will de velop New Jersey’s stalled Meadowlands Xanadu shopping and entertainment complex.
Google
Google took over a Bank of America mort gage of $467,947,418 to save on taxes for the $1.77 billion purchase price of 11 Eighth Ave.
NY debtors
New York debtors in bankruptcy and other court cases will be able to shield more assets from lenders under a law signed by Gov. David Paterson.

