SEC only got the shoplifters this time.
GREAT INTERVIEW: Foster Winans talks about his insider trading conviction. Foster if you recall wrote the Wall Street Journal “Heard on the Street” column. In 1984 there was no CNBC so this was place to get information. His quote "The only reason to invest in the market is because you think you know something others don’t” Echoes. Foster gives us his take on today’s story about the (UBS) Morgan Stanley insider trading scheme and why Goldman Sachs (GS) is #1 insder. Fosters WIki page. Pete joins in from Optionsmonster who had unusual trading activity in (TXU) last Friday. Mentioned Newmont (NEM) April 45 Calls CoffeyGrinds LIVE. Listen to the interview
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