The consultant at the center of the FBI's insider trading probe has grabbed the microphone and won't let go. Is it an amateur move? Or a brilliant one?
Sometimes, it's difficult to figure out the motive behind people's actions. Take Julian Assange, for example. Is he actually an anarchist? Or just a wannabe playboy? It's hard to say. Maybe he's both.
Then there's John Kinnucan, heretofore-unknown technology researcher and current toast of the financial airwaves. Kinnucan, you may recall, runs a research firm called Broadband Research that connects investors with industry participants for a fee. He was contacted by the FBI at the end of October and asked to wear a wire in an insider-trading investigation targeting certain hedge funds, including the Big Kahuna, Steve Cohen's SAC Capital. More
Well, it had to happen eventually: Steve Rattner has become an issue in the New York gubernatorial race. Take a look at this new ad from Republican nominee Carl Paladino:
Look, I've been plenty critical of how Cuomo has handled the criminal vs. civil aspects of the New York pay-to-play scandal. Specifically, most of the bribe-takers have been indicted, whereas most of the bribe-givers have been asked to pay penalties. It MOREDan Primack - Oct 25, 2010 10:49 AM ET
Back in June, Mike Bloomberg was asked about securities fraud allegations against friend and financial adviser Steven Rattner.
"I don't think he did anything wrong," Bloomberg told the Washington Examiner. "I happen to think the charge against him is ridiculous."
Quite the display of (blind) loyalty. You've got to wonder if Rattner pulled Mr. Mayor aside on Tuesday night, during the release party for Rattner's new book on his time as car MOREDan Primack - Oct 14, 2010 9:42 AM ET
|Chrysler Group orders donated Vipers destroyed|
|Albertsons to merge with Safeway|
|Everything must go: There's a flood of store closings|
|Bitcoin matters. Ignore the media circus.|
|Boeing to end pension plans for non-union employees|