Source:
http://article.wn.com/view/2011/02/09/Hedge_Fund_Insiders_Squirmed_and_Shredded_as_Fed_Noose_Tight/
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Wednesday, February 9, 2011
Hedge Fund Insiders Squirmed -- and Shredded -- as Fed Noose Tightened
The Department of Justice seems to have nailed hedge fund managers for destroying evidence in the massive insider trading investigation on Wall Street. Upon reading of the investigation, Longueuil used pliers to rip up disk drives and then took a middle-of-the-night walk around the neighborhood, throwing parts of the drives into different garbage trucks. DOJ has him on tape explaining precisely how he did it, and it has video of him walking out of the office just before 2 a.m. and returning a half-hour later. Similarly, Barai told a colleague to delete messages, shred documents,...
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