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Strategies & Market Trends : Mafia Stock Mobsta's Social Club (Bulls Board)

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To: jmhollen who wrote (6290)10/19/2009 1:43:57 PM
From: jmhollen  Read Replies (1) of 6687
 
The associated Streeter Hedgie innie-trading doodoo is starting to roll downhill...............

IBM idles their inside leaker: marketwatch.com

The Wall Street Journal reported Monday on its Web site that IBM put Robert Moffat Jr., a senior vice president, on leave following his arrest Friday.

The Journal describes Moffat as "a senior vice president and a close confidant of IBM /quotes/comstock/13*!ibm/quotes/nls/ibm (IBM 122.97, +1.33, +1.09%) Chief Executive Samuel Palmisano." See full story at WSJ.com.

Officials arrested Moffat and five others Friday, including Galleon Group founder Raj Rajaratnam, in an alleged insider-trading scheme that federal prosecutors claim netted millions in illegal profits.

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