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Insider Trading

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After 60 Minutes Report, Gillibrand Targets Insider Trading in Congress

Thursday, December 01, 2011

Less than three weeks after a 60 Minutes piece focused the spotlight on insider trading in Congress and the loopholes that allow members of Congress to invest based on non-public information they glean while doing their jobs, a new bill sponsored by Sen. Kirsten Gillibrand is gaining traction. 

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The Takeaway

Some in Congress Move to Ban Insider Trading

Thursday, November 17, 2011

Congressional approval in the U.S. is at embarrassingly low levels. A recent New York Times/CBS News poll found Americans' approval of Congress in the single digits. And a story that aired on "60 Minutes" last weekend is not likely to improve Congress's standing with the public. Insider trading is a crime in the U.S., but the laws that apply to most Americans do not apply to their lawmakers. According to the report, powerful members of Congress and their staffs have used their knowledge of privileged information to make vast sums of money in the stock market.

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WNYC News

Analysis | Gupta Faces Insider Trading Charges

Thursday, October 27, 2011

Former Goldman Sachs and Procter & Gamble board member, Rajat Gupta pleaded not guilty to six counts of securities fraud.  The former CEO of McKinsey & Company consulting is the most prominent executive arrested in a multi-year investigation into what prosecutors claim is the biggest insider trading case in history.

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The Takeaway

Gupta Faces Insider Trading Charges

Wednesday, October 26, 2011

Former Goldman Sachs director Rajat Gupta surrendered to FBI officials on Wednesday morning. Gupta faces criminal charges in a massive hedge fund insider trading case. He has been under investigation over whether he leaked corporate secrets to Raj Rajaratnam, the co-founder of the hedge fund the Galleon Group. Rajaratnam was sentenced to 11 years in prison for trading on illegal stock tips earlier this month. Louise Story, Wall Street and finance reporter for The New York Times, has the latest details on the story.

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The Brian Lehrer Show

Raj Rajaratnam and Sentencing White Collar Crimes

Friday, October 14, 2011

DealBook reporter for The New York Times, who covers white collar crime and Wall Street, Peter Lattman, discusses the sentencing of Raj Rajaratnam in one of the biggest insider trader cases ever.

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WNYC News

Financial 411: New Cases in the Insider Trading Probe

Thursday, June 02, 2011

The probe into insider trading continues to find new targets.

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The Brian Lehrer Show

Wall Street Titan Convicted

Thursday, May 12, 2011

John Coffee, Adolf A. Berle Professor of Law at Columbia University School of Law, discusses Raj Rajaratnam, the hedge fund boss who has been accused of insider trading and has been found guilty of conspiracy and securities fraud.

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WNYC News

Short Day of Deliberations in Raj Trial

Friday, April 29, 2011

After five days of deliberations, a jury has not come to a verdict in the biggest insider trading trial dealing with hedge funds.

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WNYC News

Jury Deliberates for Fourth Day in Insider Trader Trial of Hedge Fund Boss

Thursday, April 28, 2011

The jury is now in its fourth day of deliberations in the biggest insider trading case involving hedge funds in U.S. history.

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WNYC News

Jurors Rehear Wiretaps at Hedge Fund Boss' Insider Trading Trial

Tuesday, April 26, 2011

A jury has asked to listen again to wiretaps played during the largest insider trading case involving hedge funds in the U.S.

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WNYC News

Jury Deliberates in Hedge Fund Boss Insider Trading Trial

Monday, April 25, 2011

A jury began deliberations Monday in the high-profile insider trading case of hedge fund manager Raj Rajaratnam, a decision that will likely hinge on the jury's view of wire-tapped phone conversations played during the weeks long trial.

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WNYC News

Closing Arguments Begin in Hedge Fund Boss Rajaratnam Insider Trading Trial

Tuesday, April 19, 2011

Six weeks after it began, the trial of hedge fund manager Raj Rajaratnam will enter its final phase Wednesday in a Manhattan courtroom.

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WNYC News

Hedge Fund Boss Took Loss on Trade Despite Tip, Says Witness

Tuesday, March 15, 2011

Hedge fund boss Raj Rajaratnam, accused of insider trading, took a hit on a trade even though he had been tipped off, according to a government witness who testified in Manhattan court Tuesday.

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WNYC News

Financial 411: Hedge Funds Under the Microscope

Tuesday, March 08, 2011

Jury selection began today in the biggest insider trading case in U.S. history. We'll talk about hedge funds under the microscope.

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WNYC News

Financial 411: Two Years After the Wall Street Crash

Monday, March 07, 2011

Two years ago, the stock market fell to its lowest point in the financial crisis. Now it's like those bad old days on Wall Street never happened. We'll talk about where the markets have been and where they're going.

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WNYC News

Hedge Fund Industry on Notice as Law Enforcement Tapes Phone Calls

Wednesday, December 15, 2010

For well over a year, prosecutors have been investigating insider trading in the hedge fund industry. Last month, the FBI searched the offices of several funds in the New York area and arrested and charged a New Jersey man. The investigation has made use of a tool that makes many people on Wall Street uncomfortable: wiretaps.

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The Takeaway

Prosecutors Wiretap Wall Street

Tuesday, November 30, 2010

Prosecutors with the Security and Exchance Commission say they received information sufficient to subpeona and raid a number of hedge funds last week from conversations recorded over wiretaps. According to a report in The New York Times, investigators enlisted the help of seven Wall Street insiders to tape over 500 people using tidbits of informal information to strike deals on the stock market. Is this "mosaic theory," as the expert network firms call it, or "insider trading"?

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