102: Eugene Soltes – Unraveling a $65-Billion Ponzi Scheme and Notorious Cases of Insider Trading
Chat With Traders
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The Importance of Legal Insider Trading
There would have been two ways to basically use the same exact thing that would have been legal. Capital one could have hired these two guys and said you know what? It's okay We could use this credit card data for our own trading purposes. A hedge a well-known hedge fund trader could pay capital one a million dollars to get these kind of aggregated records just not showing the person's name but just showing the the billions of transactions that were done. And then the trader at a hedge fund could have run the exact same search These two guys did and traded on it and probably made millions of dollars.
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