Can One Man Upturn Martoma’s Insider Trading Trial?

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Jan. 17 (Bloomberg) -- Bloomberg Businessweek’s Sheelah Kolhatkar updates the latest developments from the insider trading trial of SAC Capital’s Mathew Martoma on Bloomberg Television’s “Market Makers.”

He is an esteemed alzheimer researcher.

Matthew mark toma be friended him and cuddled up to him.

He became the son he never had.

He corrupted this dr.

And extracted information about a drug trial the doctor was playing a role in.

He is a key witness in a court case.

How long did it take for him to turn into a cooperative witness?

Quite a few months.

This process often begins with an initial meeting with a potential witness and his lawyer and the government lawyers get together and they start figuring out what the guy knows.

There is prodding and poking.

The witness might not cough up the goods at the first meeting because that is their only leverage.

They're accusing this person of doing something wrong.

That is how the government forces them to cooperate.

What is the government alleging?

That the doctor was paid for information about this very key drug trial result before it was public.

Essentially accusing him of getting a copy of the slide show presentation a week before investors.

He made a big profit on the trade.

How busy of peer to?

-- appeared?

How does he look?

He looks very serious.

It is hard to read him.

He has a poker face.

We are not going to hear from them because they do not put these guys on the stand.

We have to glean a sense from the witnesses speaking on his behalf.

Before we came back on, i am curious about what the jury looks like.

Some of this information is very complicated.

What is the reaction like?

Are they confused?

There is a lot of complicated science in addition to the hedge fund information.

The jury is more sophisticated than i have seen in other trials.

They have graduate degrees.

There is a woman who works at rice waterhouse coopers.

She is unaware of this, she remained of the jury.

There is a film professor.

There is somebody who worked at aig.

There is also a bus driver.

There is a mix.

Most of them have seen -- seemed very alert.

There is a lot of notetaking.

Are we past the point of no return?

Can he still slip?

Someone can always flip.

I did not know why he would do it now.

He has not done it yet.

They have pulled out every single weapon they have in the arsenal to try and motivate this guy.

He has resisted.

What will a conviction mean for stephen:? it would not be a good thing.

He has a case outstanding with the sec.

If he is convicted it will make it harder for stephen cohen.

He has been charged civilly.

The legal defense has been paid for.

That is the standard so far in these cases.

I am rushing down the right

This text has been automatically generated. It may not be 100% accurate.

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