BusinessInsider – With the raids on three hedge funds yesterday, the Feds are robustly taking on insider trading. Charlie Gasparino on why this won’t do anything to rid Wall Street of miscreants.
The Justice Department is saying that it’s getting ready to nail a slew of insider traders in a massive case that will, once and for all, clean the crud from the securities markets, with yesterday’s FBI raids of three large hedge funds serving as an exclamation point.
