Episode 141 • • 6:03 - 9:49
141: Who Is John Brek?
Galleon Group Insider Trading Scandal and Wall Street Journal Graphics
The discussion focuses on the Galleon Group insider trading case involving Raj Rajaratnam. The hosts argue the $22 million scandal is a "rounding error" designed to distract the public from larger financial misconduct at Goldman Sachs and JP Morgan Chase. They criticize The Wall Street Journal for using simplified, comic-book-style illustrations to explain the mechanics of the fraud.