Below is an AP article regarding insider trading which quotes Ross Intelisano. Probe leads investors to wonder: Is game rigged? By RACHEL BECK, BERNARD CONDON and PALLAVI GOGOI, AP Business Writers Rachel Beck, Bernard Condon And Pallavi Gogoi, Ap Business Writers Wed Nov 24, 4:13 pm ET NEW YORK –…
Katherine Burton and David Glovin wrote a good piece on Galleon on Friday. Here it is. Galleon Wiretaps Rattle Hedge Funds as Insider Trading Targeted Oct. 26 (Bloomberg) — First came the biggest bear market since the 1930s, then Bernard Madoff’s $65 billion Ponzi scheme and the threat of increased…
The UK’s Financial Services Authority (FSA) censured two Dresdner Kleinwort bond traders for market abuse. Darren Morton, a director, and Christopher Parry, a vice-president, were charged with committing market abuse in relation to a new issue of Barclays’ bonds. According to the FSA, Mr. Morton and Mr. Parry were portfolio…