The former chairman of the sec, harvey pitt and doug burns. Welcome to you both. I want to go over a couple of facts in the case as we know it right now, which is not everything, not by a longshot, but heres what we know. A Hedge Fund Manager receives insider information, secret trials. An alzheimers drug. He finds out the results before anybody else and trades on it. He sells his stakes in a couple of Drug Companies and assures them. You have said both wall street has developed a reputation of not caring, which individuals ke of this story . Theefact is terrible Economic Conditions, that is what we have caused some people to try to cut corners or look for advantages. This will not sit well with individual investors, nor should it. This is blatant conduct at least if alleged, and if it is proven, this individualill do a substantial amount of jail time. Gerri of course you would not excuse anybody for doing Something Like this because of Economic Conditions are bad, having said that tho
Making over a quarter billion dollars. The former chairman of the sec, harvey pitt and doug burns. Welcome to you both. I want to go over a couple of facts in the case as we know it right now, which is not everything, not by a longshot, but heres what we know. A Hedge Fund Manager receives insider information, secret trials. An alzheimers drug. He finds out the results before anybody else and trades on it. He sells his stakes in a couple of Drug Companies and assures them. You have said both wall street has developed a reputation of not caring, which individuals make of this story . Theefact is terrible Economic Conditions, that is what we have caused some people to try to cut corners or look for advantages. This will not sit well with individual investors, nor should it. This is blatant conduct at least if alleged, and if it is proven, this individual will do a substantial amount of jail time. Gerri of course you would not excuse anybody for doing Something Like this because of Econom
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