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Criminal Law

: Crime & Federalism

Warren Buffet: Insider Trader? (Moody's MCO)

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There's at least probable cause that Warren Buffett violated insider trading laws when he sold $6.2 million in Moody's (MCO) shares.  Buffett has been in regular contact with Moody's executives; in March Moody's received a notice that it faced an SEC lawsuit; in March Buffett $6.2 million in Moody's stock.  What did Buffett know and when did he know it?  

Full post as published by Crime & Federalism on May 09, 2010 (boomark / email).

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