Wall Street wake-up call: Hedge fund boss, 5 others charged in $25M-plus insider trading case



  • By Larry Neumeister and Candice Choi, Associated Press Writers
  • On 7:35 pm EDT, Friday October 16, 2009

NEW YORK (AP) -- One of America's wealthiest men was among six hedge fund managers and corporate executives arrested Friday in a hedge fund insider trading case that authorities say generated more than $25 million in illegal profits and was a wake-up call for Wall Street.

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