NEW YORK (AP) — A California woman who tipped off two portfolio managers about the unannounced earnings of technology companies is the latest person arrested in a federal crackdown on consultants and others who specialize in feeding inside information to hedge funds, federal authorities announced Wednesday.
Two years after his conviction, former Qwest CEO Joe Nacchio reported to a federal prison in Pennsylvania on Tuesday to start a six-year sentence for insider trading while he appeals his conviction to the Supreme Court.
April 15, 2009
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