Wall Street Behind the Headlines

There’s plenty to discuss in the financial headlines these days. In my post, CEO Overboard, I explored the mindset behind insider trading. Why do wildly successful people take chances, risk public humiliation and time in the big house, when they already have so...

The Death of Insider Trading

Andy Kessler recently published a terrific opinion piece, entitled Galleon and the Trouble With Insider Trading. He suggested that it’s impossible for investors to get a short-term trading edge. It’s better to make long-term investments based on...

Commission Impossible

Madoff and Galleon—the two scandals are unrelated. But together, they raise an important question: Who stole the security from the Securities and Exchange Commission? According to The New York Times, the feds linked Galleon’s founder to inside trading more than...