Chat With Traders

143: Michael Kimelman – Convicted of Insider Trading—From Suburban Life to Prison Life

Sep 21, 2017
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Episode notes
1
Introduction
00:00 • 3min
2
Michael Kimmelman: A Lawyer's Guide to Success
02:51 • 2min
3
How I Got Into Finance and Trading
04:41 • 3min
4
DATEC: The Ultimate Killer Be Killed Firm
07:36 • 3min
5
The Rise and Fall of Daytech
11:03 • 3min
6
Day Tech: A Memorable Moment
14:29 • 2min
7
The Importance of Sticking Around at Dietek 4
16:44 • 2min
8
How to Make Money With Prop Trading
18:48 • 2min
9
The Multi-Strap Model of a Hedge Fund
20:56 • 2min
10
The FBI Comes Banging on Your Door
22:28 • 2min
11
The FBI's Predawn Raid
24:34 • 2min
12
The Prisoner Dilemma
26:45 • 4min
13
The Hilton Trade
30:41 • 2min
14
The Impropriety of a Hedge Fund
32:45 • 2min
15
The Importance of Waiting for a Criminal Complaint
34:46 • 3min
16
The Criminal Complaint and Insider Trading
37:19 • 4min
17
The Feds' Theory of Illicit Trading
41:02 • 2min
18
The Goldman Sachs Fund's Liquidation
43:30 • 2min
19
How the Feds Forced Goldman to Liquidate Your Fund
45:03 • 5min
20
The Importance of Political Clout in High Court
50:33 • 2min
21
The Penalties of a Bad Guy
52:56 • 2min
22
The Surreal Moment of Going Into Prison
54:55 • 3min
23
The Importance of Minimum Security Prisons
57:54 • 2min
24
The Trial of Mike Kimmelman
59:40 • 2min
25
The Cost of the American Prison System
01:01:27 • 2min
26
The Cost of Life in Prison
01:03:20 • 3min
27
The Importance of Good Behavior in Prison
01:06:50 • 3min
28
The Paradigm Shift in the Cannabis Industry
01:10:20 • 3min
29
How to Be a Wall Street Insider
01:13:05 • 2min