Jail-Bound Inside Trader Reveals Anatomy of Crime
July 31 (Bloomberg) -- On April 6, 2011, FBI agents arrived at the door of Matthew Kluger, a corporate attorney with a long history in mergers and acquisitions. The charge against him: Insider trading. On June 4, 2012, Klugar was sentenced to 12 years in prison and found to be liable for $37 million in illicit profit from tips he passed on to his associates. His 12-year prison sentence is the longest ever for the crime. He shares his story with David Voreacos for Bloomberg News.
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ECB Keeps Rates Unchanged as Growth Risks Diminish
39:00 - European Central Bank President Mario Draghi said downside risks to the euro-area economy have further diminished. He spoke at a news conference in Frankfurt after the Governing Council kept interest rates unchanged at record lows and maintained its quantitative-easing program. (Excerpt. Source: ECB) (Source: Bloomberg)