Friday, March 13, 2009 Insider trading case of the decade

Long term readers of the blog may remember this story from 2006: Insider trading case of the decade: "You have to read this! It has everything any insider trading case could want---from a retired seamstress, to classified ads placed to hire accomplices, to the theft of advance copies of BusinessWeek, to strippers, to Russian baths. (I am not making this up!)

From the Globe and Mail:

'The case is “one of the most extensive insider trader cases in this district in decades,” Michael Garcia, the U.S. Attorney for the Southern District of New York, said during a press conference.'"

the rest of the coverage is here.

Why do I bring this up again? This week in class we were talking about insider trading and Mike (one of my students) pointed out that this had just been on TV as part of CNBC's American Greed series. CNBC itself has a slideshow and some background on the show and it will replay again so you may want to set your recorders.

In the meantime, HULU has the show:

1 comment:

Bruce said...

Funny you should bring this up because, by coincidence, see this post today where I try to track down fugitive David Pajcin: