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Insider trading: Hedge fund manager arrested

Original post made on Feb 10, 2012

The manager of a Menlo Park-based hedge fund was charged with alleged insider trading Friday, the Securities and Exchange Commission announced.

Read the full story here Web Link posted Friday, February 10, 2012, 4:53 PM

Comments (9)

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Posted by Hmmm
a resident of East Palo Alto
on Feb 10, 2012 at 5:43 pm

Heh heh, the rich flip on each other just like street thugs. Let the dog fight amongst them & their attorneys continue! Greed, greed, greed.


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Posted by 99 percent
a resident of Menlo Park
on Feb 10, 2012 at 5:50 pm

One percenters like this caused the recession that our country is still escaping. Throw the book at all of them. Make them pay for the economic devastation that they have caused across the country.


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Posted by 99 percent
a resident of Menlo Park
on Feb 10, 2012 at 7:19 pm

Don't know why the newspapers rarely print the mug shots of one-percenters when they get busted. Here is his photo from an old interview: Web Link
If you see him on the street, you can tell him what you think of his crimes against our country.


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Posted by Bill
a resident of Another Palo Alto neighborhood
on Feb 10, 2012 at 7:22 pm

> The charges are based on claims made by Roomy Khan

Seems Ms. Khan has been involved with the FBI and "insider trading" for some time now--

Web Link
[Portion removed by Palo Alto Online staff.]


 +   Like this comment
Posted by Jeff
a resident of Duveneck/St. Francis
on Feb 10, 2012 at 7:51 pm

How many hedge fund managers did not make their profits from insider trading? probably not many!


 +   Like this comment
Posted by Toady
a resident of Old Palo Alto
on Feb 10, 2012 at 8:58 pm

Living in Palo Alto? You are part of the 1%.

Glass houses my friends.


 +   Like this comment
Posted by Big Al
a resident of Another Palo Alto neighborhood
on Feb 10, 2012 at 9:26 pm

[Post removed by Palo Alto Online staff.]


 +   Like this comment
Posted by Bill
a resident of Another Palo Alto neighborhood
on Feb 10, 2012 at 10:49 pm

[Post removed by Palo Alto Online staff.]



 +   Like this comment
Posted by Hmmm
a resident of Los Altos
on Feb 11, 2012 at 5:11 pm

Big Al, I know your post wsa removed, but I appreciated the link.

Toady, there are a lot of PA residents who are NOT the 1% or even close. PA has many, many renters, there are those that no matter how hard & long they work don't even approach the 1%. While it's home to some famously monied people & quietly monied people, it's always had residents of varying incomes.

I will happily follow this case to see what happens.


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