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Banksters Gone Wild !!!!

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marmar Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-22-10 08:45 PM
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Banksters Gone Wild !!!!




SAN FRANCISCO (MarketWatch) — The Federal Bureau of Investigation raided three hedge-fund firms Monday as part of a wider probe into potential insider trading in the financial-services industry.

Search warrants were executed on Diamondback Capital Management LLC, Level Global Investors LP and Loch Capital Management LLC, according to a person familiar with the situation.

The raids come amid a massive government investigation into potential insider trading at hedge-fund firms, mutual funds and investment banks.

The Wall Street Journal reported this weekend that federal authorities are preparing insider-trading charges that could ensnare consultants, investment bankers, hedge-fund and mutual-fund traders. A spokesman from the Justice Department didn’t return an email and phone call seeking comment Monday. ...........(more)

The complete piece is at: http://www.marketwatch.com/story/fbi-raids-two-hedge-funds-wsj-reports-2010-11-22-131390
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valerief Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-22-10 08:46 PM
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1. Heavens to Murgatroid! Rich people stealing from other rich people! nt
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northoftheborder Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-22-10 08:46 PM
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2. About time for some light and justice on this cesspool.
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DJ13 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-22-10 08:51 PM
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3. Its all for show unless they go after the big funds, like Goldman Sachs
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inna Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-22-10 09:15 PM
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4. yep. precisely.
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Swamp Rat Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-22-10 09:16 PM
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5. Exactly!
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