Lawyer charged with insider trading

Discussion in 'Wall St. News' started by Pekelo, Apr 6, 2011.

  1. who knows, maybe the same data mining the hft scum use can out insiders like this as well.


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    #11     Apr 6, 2011
  2. Been some guy at the NY tracks betting 10k early on heavy faves, maybe it was them trying to launder.

    Now they can launder cellmate bubah's undies
     
    #12     Apr 6, 2011
  3. Insider WINNING this is not trading
     
    #13     Apr 6, 2011
  4. Vindicates my theory that we can consistently make profits via stock markets only with Insider Trading.
    And call it 'Research' to escape from prosecution.
     
    #14     Apr 7, 2011
  5. Daal

    Daal

    Problem is going to Atlantic city carrying 175K in cash, you risk getting jailed at the airport
     
    #15     Apr 7, 2011
  6. The trader made $30mm, the lawyer made $500k, and the middleman made $800k. The lawyer, who had the most to lose, made about $40k/year from this scheme, and even less than the bagman.

    What are the chances the lawyer had NO IDEA what the trader was making from the scheme?
     
    #16     Apr 7, 2011
  7. ammo

    ammo

    a goldman sax employee bonus
     
    #17     Apr 8, 2011
  8. Pekelo

    Pekelo

    You never heard of driving???
     
    #18     Apr 8, 2011