06 February 2014
Former SAC Capital portfolio manager Mathew Martoma was convicted today for insider trading, and there is much discussion that SAC Capital founder Steve Cohen might be next, despite earlier reports that Cohen was to escape criminal charges even as the DOJ described Cohen as operating a hedge fund that was a criminal enterprise through and […]
31 January 2014
John Hempton at Bronte Capital (see his blogs here) is going to some lengths to stir up a scandal concerning letters that were authored (or not authored, as it were) by U.S. Senator Edward Markey. In the letters (sent to the SEC and other government agencies), Senator Markey seeks information about a company called Herbalife, […]
12 January 2014
And yes, I know that PBS used “trader,” not “traitor.” De gustibus non est disputandum.
25 December 2013
29 October 2013
NBC: Billionaire Steven Cohen’s hedge fund could pay $1B fine in fraud case: sources
26 August 2013
Berezovsky, a surprisingly typical oligarch, had ties to terrorists, organized crime, Wall Street and Washington
27 June 2013
The "insider trading network" that the FBI is currently investigating is similar to an "insider trading" network that the FBI investigated in the 1980s--and the network is involved in much more than just "insider trading."
12 June 2013
The BCCI enterprise operated a "Black Network" that included terrorists, mobsters, narco-traffickers, stock promoters, and numerous of the world's leading criminal oligarchs. BCCI is gone, but the "Black Network" is still in business today.
05 June 2013
On May 31 TheStreet.com (which at one point had notorious Wall Street villains Jim Cramer and David Rocker as shareholders #1 and #2, and has repeatedly been used by Jim Cramer in the pursuit of the kinds of illegal market practices for which he so proudly took credit in this video), published an “upgrade”: Overstock.com […]
27 May 2013
Meet Monzer al-Kassar: global terrorist, narcotics kingpin, mobster, killer, mercenary, financial criminal, intelligence agent, and prominent oligarch known as "The Prince of Marbella" (his Marbella mansion pictured above).