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To: Haim R. Branisteanu who wrote (16931)11/2/1998 2:30:00 PM
From: Thomas M.  Respond to of 18056
 
While we're talking about criminal activity:

...UBS was willing to breach its own internal guidelines because they believed that LTCM had a window into official sector knowledge and therefore could profit from changes which would not be apparent to outside observers. This is perhaps the most massive insider-trading scheme ever realized and it is fitting that it blew up in the participants' collective face...

#reply-6134893