bear stearns scam

from Wikileaks:

Monday March 17, 2008

A confidential memo obtained by Wikileaks shows that not only has the U.S. Securities and Exchange Commission created an insider trading loophole big enough to drive a truck through, but that Wall Street is taking full advantage of it, establishing ‘how-to’ programs and even client service divisions to help well-heeled clients circumvent insider trading regulations.

http://wikileaks.org/wiki/Whistleblower_exposes_insider_trading_program_at_JP_Morgan

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