Could the Treasury Dept. and Hedge Fund investors be guilty of insider trading?
Secretary Paulson gets the $700 billion blank check, then hedge funds go wild in selling shares, and now all of the sudden Paulson is going to use the $700 billion to infuse the stock market.
It sounds like to me some of Paulsons Hedge Fund friends knew this would happen so they could make a few extra bucks.
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about 1 year ago
I highly doubt it. Paulson is already rich, he would have nothing to gain by doing this…it is possible I guess but highly unlikely in my opinion.
- Richard
Richard Wilson
Hedge Fund Blogger.com
http://richard-wilson.blogspot.com