Hiring a dwarf to pose as a “small-cap” analyst isn’t funny. Shredding SIM cards is more effective than biting them in half. The SEC is awake. “Octopussy” is not a James Bond movie. McKinsey & Company’s publication,...
The Death of Insider Trading II On Thursday, prosecutors charged fourteen more people with insider trading. The defendants all have links back to Galleon, in a corrupt web growing broader by the day. Acrimoney pays especially close attention to behavior on Wall Street...
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...
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...
You can’t make this stuff up. The FBI is investigating two employees at the SEC for insider trading. To put this investigation into the proper context, let’s flip to the agency’s website. And I quote: “The mission of the U.S. Securities and...
The New York Times describes my novels as “money porn,” “a red-hot franchise,” and “glittery thrillers about fiscal malfeasance.” Through fiction I explore the dark side of money and the motivations of those who have it, want more, and will steamroll anybody who gets in their way.
The New York Times describes my novels as “money porn,” “a red-hot franchise,” and “glittery thrillers about fiscal malfeasance.” Through fiction I explore the dark side of money and the motivations of those who have it, want more, and will steamroll anybody who gets in their way.