How insider trading impacts everyday investors

Credit: Market Watch  Steven Cohen, the former chairman of SAC Capital Advisors, is one of the most successful and notorious traders in Wall Street history. He made tens of millions of dollars trading stocks, and his firm was also the subject of a wide-reaching fraud...
What ‘Billions’ Gets Right About Insider Trading

What ‘Billions’ Gets Right About Insider Trading

By Joe Nocera, Bloomberg View Columnist “Billions” is back on Showtime — Season 2 began on Sunday — and aren’t you glad? From the start, “Billions” has been a guilty pleasure, a drama about Wall Street that may lack the highbrow seriousness of, say, the Sopranos, but...
Confessions of a Wall Street Insider

Confessions of a Wall Street Insider

Although he was a suburban husband and father, living a far different life than the “Wolf of Wall Street,” Michael Kimelman had a good run as the cofounder of a hedge fund. He had left a cushy yet suffocating job at a law firm to try his hand at the high-risk life of...