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  • The Implications of Insider Trading in Hedge Fund Land [View article]
    This isn't a waste of government resources, rather its one of the few legitimate actions our government actually undertakes.

    Lets not pretend this is some isolated incident. There is an incredible "cozy" relationship between the firms that pay for Moody's, Standard & Poors reports/rating and the analysts at these firms. From help to structure products to get certain ratings to passing along information in this case. What is really sad is that the analyst is obviously not a very good negotiator - he/she got 10K for a $4MM tip? Good grief.

    This is extremely important. How many times do you read an analyst at such and such bank is "upgrading" the company after meeting with company officials and being impressed with blah, blah blah......think his/her firm's funds haven't jumped in before you? Of course they have.

    We need about another 50 of these type of arrests to start to clean up the joint.
    Oct 18 14:15 pm |Rating: +1 0 |Link to Comment
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