Insider Trading

PCR: "The Witch Hunt For Donald Trump Surpasses Salem"

"The breathless hype of a nonexistent 'Russian collusion' has been the lead news story for months despite the fact that no one, not the CIA, not the NSA, not the FBI, not the Director of National Intelligence, can find a scrap of evidence...That this led to a special prosecutor shows how totally corrupt justice in America is."

Frontrunning: July 20

  • Futures flat as investors await earnings deluge (Reuters)
  • Investors Brace for Clues on ECB’s Tapering Plans (WSJ)
  • When Will the ECB Pull Its Trillions From the Markets? (BBG)
  • Citing Recusal, Trump Says He Wouldn’t Have Hired Sessions (NYT)
  • Trump Urges GOP to Seek Agreement on Health Measure (WSJ)

Frontrunning: July 19

  • Republicans consider bipartisan healthcare talks (Reuters)
  • Health Care Collapse Could Leave Trump Winless in His First Year (BBG)
  • Republicans to Push Ahead on Repeal of Affordable Care Act (WSJ)
  • Obscure Coal CEO Rains Money on Trump While Outflanking Rivals (BBG)
  • GOP Tries to Regroup on Obamacare Repeal as Trump Lashes Out (BBG)

Frontrunning: July 17

  • Americans Feel Good About the Economy, Not So Good About Trump (BBG)
  • GOP Leaders Brace for CBO Estimate on Revised Health-Care Bill (BBG)
  • From $2 Billion to Zero: A Private-Equity Fund Goes Bust in the Oil Patch (WSJ)
  • Turkey Building Up Army Base in Qatar, Erdogan Adviser Says (BBG)
  • U.S. Companies Have a New 401(k) Fix: Spend More (WSJ)

Don't Google "How SEC Detect Unusual Trade" Before Insider Trading

The first rule of insider trading is never to buy calls on the target of an acquisition announcement. The second rule, as Chinese research scientist Fei Yan just found out, is to never google "how sec detect unusual trade" before (while and after) trading on inside information.

Trump Jr. Lawyers Up As Potential Senate Intel Committee Hearing Looms

Well that escalated quickly.  After volunteering just over an hour ago to cooperate with the Senate Intelligence Committee, Donald Trump Jr. has apparently now joined with most of the other members of the Trump campaign in hiring his own attorney for the various "Russia probes" that are underway.

FBI Alleges Another Insider Trading Case Involving "Consultants"

Prosecutors allege that a former employee at the US Centers for Medicare and Medicaid Services, David Blaszczak, 41, working with a current employee at CMS at his Washington, DC-area consulting firm, provided insider trading information to Deerfield.

Brazil's President Tells Supreme Court To Suspend Corruption Probe Of Brazil's President

In a move that will surely light the proverbial lightbulb over Donald Trump's head, Brazilian President Michel Temer, having been officially dragged into Brazil's massive corruption scandal last week, said on Saturday he would ask the Supreme Court to suspend its investigation into allegations he was also involved in the carwash corruption scheme, vowing to remain in power.

Frontrunning: May 19

  • Dollar remains weak as beating eases for global stocks (Reuters); Global Stocks Edge Higher as Commodity Prices Rise (WSJ)
  • Trump Mideast Trip Aims to Bolster Ties, Shift U.S. Spotlight (WSJ)
  • Trump Heads Abroad With White House in Crisis (BBG)
  • Russia Probe Heats Up as Trump Tries to Limit Damage (WSJ)
  • Iranians queue up to vote in fiercely-contested presidential election (Reuters)

Jeff Ubben Steps Down As ValueAct Investment Head

Jeff Ubben, the activist investor who built the iconic ValueAct hedge fund into a $16bn powerhouse, is stepping down from daily oversight of its portfolio and handing the reins to his protégé, Mason Morfit, the FT reports.