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Insider Trading Probes: Michael Douglas quarterbacks 120 new individuals to be investigated

Michael Douglas

Michael Douglas (Image via RottenTomatoes.com)

Michael Douglas was snapped up in the coming Insider Trading draft by FBI which presented Gecko in a public campaign coinciding with 120 new individuals to be investigated “on and off Wall Street” 57 convictions and guilty pleas have come on 66 indicted individuals since 2009 Inf fact ths draft covers 240 individuals with 120 “targets”

According to Brian Goldsmith a chief Litigation Counsel at the SEC’s enforcement Division in the 80s, there were only a handful involved in each investigation in the 80s( note:during Michael Milken and Ivan F Boesky’s investigations loosely based on which the plot of “Wall Street” was spun) and told the WSJ on the current rings being broader, involving bankers, analysts, corporate insiders, consultants and traders, he said: “What we’ve seen already in terms of cases have involved people from more walks of life.”

According to Thomson Reuters’ the Feds have enough informants lined up for the Draft to last 5 years..that would really upset the league, though the Feds public mission prefers to be called the “Perfect Hedge” as the FEds featuring Gordon Gekko held thei own just after the Oscar s night today AM.

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One comment on “Insider Trading Probes: Michael Douglas quarterbacks 120 new individuals to be investigated

  1. Pingback: Pelosi Amendment (STOCK ACT) signed into law | Insider Insight | The Banking and Strategy Initiative

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