"A republic, if you can keep it." Vegas, taxes.
"A republic, if you can keep it." Vegas, taxes.
The recent scandals in Washington and the passage of legislation to ban congressional “insider” stock trading caused me to unearth an old memo that I’d sent to federal authorities some time ago, because it seemed quite plausible that a Los…
Finally, felony convictions for an insider trading hedge fund parasite. He could spend the rest of his life in prison and so should thousands of other Wall Street criminals.
Gupta is a Goldman board member and former CEO of major corporate consulting firm McKinsey. By all accounts, they have him nailed. In September 2008, Gupta disconnected from a Board conference call, in which he learned about the Buffet deal…
All have ties with or were ex-managers at SAC, the real target of the investigations and a very big fish indeed. Two of those charged face long prison terms and are cooperating with prosecutors.
Winifred Jiau was arrested on federal charges of selling insider information to hedge funds for $200,000. This is the latest in a series of arrests, moving up the food chain to the big dogs. There will be obvious pressure on…