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CDS Salesman accused of insider trading is down but not out

|Includes:Deutsche Bank AG (DB), NLSN, UBS

Credit default swap salesman, Jon-Paul Rorech, who was accused – but not convicted – of insider trading while working at Deutsche Bank has landed at another bank. No word yet if Raj Rajaratnam of Galleon Hedge Fund has opened a new account with him or not.

Disclosure: long all stocks

Stocks: DB, UBS, NLSN