Spitzer Uncovers Market Timer-Fest

StockJockey's avatar
by StockJockey
Thursday, September 28, 2006 - 9:30 am

Who knew New York’s Governor-to-be still had time to earn his Attorney General pay?
The man is full of surprises and depending on who you talk to, say, Brian Zino, President of J&W Seligman, other less desirable things.  Seligman, it seems had been green-lighting secret timing arrangements big time. .Suspected, Seligman claimed to have conducted a thorough investigation and found the trouble limited to four little cases, with damage amounting to about $2 million.  The real damage was closer to $80 million.  If they gave a Nobel for crooks with the most initiative, Seligman would be on the short list.  . 

Spitzer’s Lawsuit Uncovers Rampant Market Timing At Seligman [Village Albourne]

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