Posted by: nazli | April 11, 2006

There is no tip … like a stock tip

So today, the FBI arrested Eugene Plotkin, 26, a Goldman Sachs Group Inc. analyst, and his friend from college, Stanislav Shpigelman, 23, an analyst at Merrill Lynch & Co. Inc.’s mergers and acquisitions division – for a $6.7 million insider trading conspiracy. The FBI also arrested Juan Renteria, a 20-year-old Milwaukee resident accused of working as a forklift operator at Quad/Graphics Inc. so he could steal early copies of Business Week magazine before it was released to the public. The insider trading case was discovered by regulators who noticed unusually high trading volume before a merger announcement. A closer look showed that a 63-year-old retired seamstress in Croatia — the aunt of one of the defendants — had made more than $2 million.

Oh seamstressing and stocks! And I thought sea shells was a profitable business!

And relatives of a militant on death row for his role in the 2002 Bali bombings have told prosecutors they will not seek clemency on his behalf, clearing the way for the state to execute him, because Imam Samudra has already said he wants to die. Idiot! Why did he not want to die before murdering those 202 people? Bloody conscienceless idiot!

By the way – talking of shells and conscience, I have decided to re-engineer my blogging ways – i.e. create separate and organized blogs instead of one brimming in unorganized eccleticisms … will keep you posted – and good to see you as always! 🙂

Fantastic day here – sunny, breezy, beautiful!


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