143: Michael Kimelman – Convicted of Insider Trading—From Suburban Life to Prison Life
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The Goldman Sachs Fund's Liquidation
The fund ceased to exist about eight seconds after I was arrested for all intents and purposes. Goldman, who was our prime broker, basically froze the assets and sold them off in a way that was probably very advantageous to them. The fund was gone literally by the time the markets opened up that morning. In finance, it's almost impossible to survive any type of serious investigation,. much less a dramatic FBI raid of the main partners.
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