arbtrader

Dell / Perot: Insider Trading in M&A Is Alive and Well

Bloomberg reports that the SEC has nailed a guy who was an employee of Perot Investments. Someone who should have been smart enough to NOT use options for insider trading. Dumass. This is the most expensive 8$m he ever will make.

www.bloomberg.com/apps...


On Sep 21 12:33 PM arbtrader wrote:

> It won't be the SEC who finds the perp. They are too stupid and lazy.
> (Prove me wrong, SEC)
>
> The guys who will find the guilty parties are the exchanges- you
> think the Market Makers are not on the phone at 8.05AM yelling about
> this?
>
> Unfortunately, this does indeed happen frequently. This time, the
> perp was dumb enough to do it in the options. Far smarter to hide
> in the equity volume, not stampede all over the tiny open interest.

Dell / Perot: Insider Trading in M&A Is Alive and Well

It won't be the SEC who finds the perp. They are too stupid and lazy. (Prove me wrong, SEC)

The guys who will find the guilty parties are the exchanges- you think the Market Makers are not on the phone at 8.05AM yelling about this?

Unfortunately, this does indeed happen frequently. This time, the perp was dumb enough to do it in the options. Far smarter to hide in the equity volume, not stampede all over the tiny open interest.

Why Belgium’s ETF Is Looking Up

Ditto what Alan said. Belgian banks are facing enormous headwinds from E Europe and US subprime junk paper. The banks are too big vs the GDP to bail out. At some point this is going to get very very ugly! (And EWK is likely a short).

How CNBC Squandered Roubini and Taleb

Thanks for the article! I thought exactly the same thing: ask a damn question and quit interrupting!!

They need 2 less people in that time slot. The invention of the 'octobox' was a huge mistake by network execs. Now they want multiple people screaming over each other....

bloomberg.com has some video content. I go there every night. Roubini is on there frequently, 15 min interviews, no ads or interruptions. Awesome.

What's Going On at Stanford International Bank?

SIB just refused to fund a merger here in the US. EMAG was the target. They are walking away from their 9mm deposit (in escrow).

Perhaps they are scrambling for cash? Maybe their spokesperson can get in touch and enlighten you. Regards, AT.

Gilat Take Two: Anteing Up Again

Menachem, I did a quick google search under 'Mitvtach Shamir' and did not get any relevent hits. Are the articles all in Hebrew? That was a problem when the deal went sideways- very little info in English.

IR also refused comment on a lawsuit or even if there was one filed, and indicated no news forthcoming till the next conference call. Perhaps your resources are better than mine, I just prefer a more open management....even a comment like 'we continue to negotiate' is fine. Regards.

Gilat Take Two: Anteing Up Again

From memory, Lehman was only the investment banker and an Israeli bank was providing financing. A crucial difference. There are also no SEC filings about any court actions that I can find, and IR is not responsive despite multiple inquiries.

This is a good price to buy in. They have assets of around 4-5$ a share so you are getting the business side for very little.

UAP Deal Has Analysts Bullish on Agrium

This article has a serious error:"UAP shares closing at US$38.26 on Monday, just two cents shy of Agrium’s offer"
THE OFFER IS 39 $US!! Pls check your facts prior to posting! Given currency considerations and tiny % of arb deal returns, this is quite important to those of us who actually read arb-related posts.