Thursday, April 28, 2011

Hedge Fund Insider Trading Cases Claim 21st Guilty Plea

Francis Soyer 4/28/11

The good news is that it appears the case with Galleon is coming to an end. The mass media has beat this story like a dead horse to showcase what regulators are doing to clean up Wall Street. The bad news is that Galleon is a small fish and in the larger picture what we have in our global markets is nothing short of criminal cabal of governmental officials, bankers and oil tycoons that commit murder and outright treason on a daily basis.

The SEC's (MO) is to conduct meaningless enforcement actions against small fry defendants and then claim victory. For their efforts I offer a paper bag of dog shit as a thank you. I have spare time....

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