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FBI fund manager given insider trading information just like the Senate ! "Its a big club and you aint in it" !

 
Anonymous Coward
User ID: 24693760
United States
10/02/2012 12:10 PM
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FBI fund manager given insider trading information just like the Senate ! "Its a big club and you aint in it" !
It will all be swept under the rug just like everything else that these criminals that write the laws do.

Cohen was questioned by the SEC about trades made close to news, such as mergers announcements and earnings results that generated profits for his fund, said one of the people, who asked not to be identified because the investigation isn’t public.

“Mr. Freeman testified under oath that he went to great lengths to hide his illicit activities from SAC by, for example, using code words and communicating off of firm systems,” Jonathan Gasthalter, a spokesman for SAC, said in a statement. “His testimony makes clear that SAC did not condone his activities.”

He told jurors he made millions of dollars by trading on illegal tips he got from Jiau and said obtained “perfect” material, nonpublic information from her about Nvidia Corp. (NVDA) and Marvell Technology Group Ltd. (MRVL)


[link to www.bloomberg.com]
Anonymous Coward (OP)
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10/02/2012 12:18 PM
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Re: FBI fund manager given insider trading information just like the Senate ! "Its a big club and you aint in it" !
bump
Anonymous Coward
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10/02/2012 01:06 PM
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Re: FBI fund manager given insider trading information just like the Senate ! "Its a big club and you aint in it" !
Fucking scum. The whole system is rigged. It's a house game.
2be0rnot2be

User ID: 28394565
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11/24/2012 10:08 PM
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Re: FBI fund manager given insider trading information just like the Senate ! "Its a big club and you aint in it" !
hiding
101icu

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