An ex-Morgan Stanley employee has to give back the $31,067,356.76 the bank paid him

A New York judge has ordered a former Morgan Stanley MS +0.63% fund manager to return $31 million to the bank, part of his punishment after pleading guilty to charges related to insider trading.

http://blogs.marketwatch.com/thetel...-give-back-the-31067356-76-the-bank-paid-him/

 

That judge is one cruel prick!

How the hell is this guy going to be able to afford to summer in the Hampton's?

Enough with the punishments already!

 

But but but how can professional traders earn money when they don't have insider information?

 

That is a good question the must be answered.

 

They become politicians and have someone else do the trading on their account.

 

I hope you are not saying the world is corrupt and those in power would cheat?

I need to take a seat this is so overwhelming....

 

Skowron is two years into a five year prison sentence.

 

The problem is he was not working for a BIG and POWERFUL bank or fund so he deserves what he got.