Friday, March 2, 2007

Insider Trading Scandal - What Happened?



Two old friends meet in an bar and started talking about $25,000 debit. Thirteen people were acused for the insider trading which one was a Stanly Morgan compliance offical, and three Bear Sterns and a Bank of America employee. Many Wall street officals gave hints to traders that upgrades or downgrades were going to happen in the stocks. The gave information to make sure tha move of a sock's price, the information came out by a little bird on the stoop about merges and acquisitions, and getting hot deals on the stocks.

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