Word: clearforest
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Dates: during 2002-2002
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...data-mining algorithms of ClearForest, based in New York City, are at work within both Israeli security agencies and NASDAQ. Israel uses them to drill for hidden connections among suspected terrorists: say, a pattern of phone calls shortly before each of several suicide bombings. NASDAQ uses the same software to detect block trades of stock quietly placed just before the release of company news--including sales by relatives of ImClone's founder, Sam Waksal, who this fall pleaded guilty to insider-trading charges, and his friend Martha Stewart, who remains under investigation (and has denied any wrongdoing...
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