Word: insiderism
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Gerber's scheme, a former insider at the department tells TIME, "was to short-circuit the money before it reached the university" and thus have his department directly receive payments. To bypass the university's accounting service, Gerber had one of his secretaries rent an outside post-office box under...
Tell your readers a bit about yourself: In fact, rather than using your editor’s note to talk about your publication, just introduce yourself. After all, it’s important that we know about your Hollywood insider connections.
A new round of charges in an insider trading scandal that shook Wall Street last week is a real possibility, officials of the Securities and Exchange Commission tell TIME.
He added that "numerous" so far unnamed individuals are or would likely come under investigation, and that a decision on charging them would be clearer "in the next few months." Friestad noted that insider trading investigations often scrutinize, and later charge, "family members, friends, college roommates and other social acquaintances...
"Our action ... will make very clear the SEC is targeting hedge fund insider trading as a top priority," SEC Chairman Christopher Cox said in announcing the action.