Quote of the Day


From Securities and Exchange Commission enforcement chief Robert Khuzami, describing the way that Galleon Group’s Zvi Goffer tried to keep his insider trading a secret:

If you find yourself chewing the memory card in your cellphone to destroy any record of your misconduct, something has gone terribly wrong with your character.

Roger that.  As an added bonus, the linked article also interviews “an eavesdropping-detection specialist” who says he’s turned down three separate firms recently who were all desperate to know if the government was bugging them.  Hooray for Wall Street!

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