Daily Archives: December 19, 2013, 4:18 pm

Defendant Rationalized Insider Trading Was OK Because ‘Members of Congress Can Do It’ – Compliance Week

I have heard countless rationales through the years for why people engage in insider trading, but here is a new one courtesy of today’s case filed by the SEC against a Microsoft employee: “‘I told myself, ‘Members of Congress can do it.’” via Defendant Rationalized Insider Trading Was OK Because ‘Members of Congress Can Do It’ – Compliance Week

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Q&A: Diana Henriques—How to Interview Bernie Madoff — Pursuit Magazine

Award-winning financial writer Diana Henriques was the first journalist to interview Madoff after his incarceration. She chronicled the unfolding scandal for the NYTimes and has written a masterful account of Madoff’s fraud and its global repercussions…. In part one of our Q&A, Henriques describes her strategies for interviewing a singularly accomplished liar like Madoff — how to talk a gifted…

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Preet Bharara Remains Undefeated for Insider Trading Trials – MoneyBeat – WSJ

Following a jury’s conviction of SAC Capital’s Michael Steinberg Wednesday, Preet Bharara remains undefeated in prosecuting insider trading. Since taking over as the U.S. attorney for the Southern District of New York in August 2009, Mr. Bharara is 77 for 77 in convicting defendants in insider trading cases. Eighteen of those defendants pled guilty, and the rest were convicted during…

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