FBI Continues Insider Trading Investigations Using Stable of Informants

By Danny Fenster ticklethewire.com  There’s apparently no shortage of snitches on Wall Street. The FBI said Monday that it plans to continue investigating alleged insider trading using its current “stable of informants” for the next five years,  reports ValueWalk.com. The FBI has been running “Perfect Hedge” since 2009,  an operation that has resulted in charges…

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Ex-Detroit Treasurer Indicted for Taking Bribes in Case that Cost Pension Funds $84 Million

By Allan Lengel ticklethewire.com DETROIT — In this cash-strapped city on the brink of financial collapse, seeing public corruption run wild is tough. On Tuesday, the feds struck back, indicting the city’s former treasurer Jeffrey Beasley for taking bribes and kickbacks in return for approving more than $200 million in investments for two city of…

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