From FT: "Junior RBC analyst charged with insider trading"
"Bill Tsai bought options in Electronics for Imaging ahead of its $1.6bn acquisition by Siris Capital in April. The private equity firm had used financing from the bank to secure the deal. He allegedly made profits of almost $100,000."
The guy went to Stern and interned at RBC before joining full time. He seems to have thought merely not disclosing a brokerage account to the bank should be good enough to get away with it.
How dumb do you have to be throw away your entire career for a hundred grand?
like 2 maybe 3 dumb
Over 9,000!!!!!!!!!!!!!!1!!!!11!!1!!!!!
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