http://online.wsj.com/article/SB10001424052748704170404575624831742191288.html?mod=djemalertNEWS
News Alert from The Wall Street Journal
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Federal authorities are preparing insider-trading charges that could ensnare consultants, investment bankers, hedge-fund and mutual-fund traders and analysts across the nation.
The criminal and civil probes, which authorities say could eclipse the impact on the financial industry of any previous such investigation, are examining whether multiple insider-trading rings reaped illegal profits totaling tens of millions of dollars.
One focus of the criminal investigation is examining whether nonpublic information was passed along by independent analysts and consultants who work for companies that provide “expert network” services to hedge funds and mutual funds.
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Conspicuously absent from the list are the politicians and bureaucrats!
I’m sure that no politicians were ever included in these ill gotten gains.
I’m sure that these “bad eggs” only contributed to the evil Republicans!
And all the politicians and bureaucrats are as “pure as the driven snow”. Like the now retired Dodd, Barney Frank, and Obama himself.
Argh!
It all just stinks.
# # # # # posted 2010-11-20 07:03
Reinke Faces Life 