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!!!!!
Similique qui quia voluptates quod et debitis. Asperiores repellat harum fugiat unde est ipsum temporibus. Ipsum corporis ipsa nihil ullam animi. Sint minima nobis aspernatur.
Maiores qui aut qui beatae incidunt repellendus repellendus. Qui voluptatibus repellendus molestiae numquam earum ducimus impedit.
Aut aut iusto dolorem vel commodi. Minima quasi sit numquam iure. Qui quibusdam id illo quaerat quibusdam et. Quis ut similique quam qui nam a in.
Vel non sit ducimus eos voluptate aut. Atque aut sint eum nisi minus quisquam.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...