Comments on: Counterparties: SEC vs SAC, episode 6

By: QCIC

QCIC — Tue, 27 Nov 2012 20:51:27 +0000

Almost the entire profit of Wall Street is built out of insider trading. You going to imprison all of them?

By: absinthe

absinthe — Sun, 25 Nov 2012 21:42:32 +0000

For “Stuff We Are Not Linking To”, you should probably use a nofollow tag (if you aren’t already – a quick inspection of your source didn’t show one).

By: StuartG

StuartG — Sat, 24 Nov 2012 16:52:53 +0000

Re: Scaramucci comment. If the driver is a union employee, depending on the facts the employer can be held civilly and in some cases even criminally liable. If the driver is a non-employee union member, the answer is likely different but that scenario is irrelevant to the Cohen defense and is a smokescreen. Since Martoma was charged by a complaint rather than an indictment he may yet sing for Preet Bharara to avoid being Raj Rajaratnam’s cellmate. Keep watching.