ivan boesky

Meg investigates the corruption and drama that defined Donald Manes' short life. Jessica dines at The Quilted Giraffe and gets a good look at its clientele of American Psychos.

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Meg finds out what The Odyssey Study Group was doing behind closed doors. Jessica trades insider information on Boesky, Milken, and their ilk.

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The top five insider trading scandals. When people hear the term “insider trading,” they think of the crime. But insider trading is just the trading of a public company's securities by people with access to nonpublic or insider information about the company. There are rules around how insiders are allowed trade, forms they must fill out and so on, and these differ around the world.

Insider trading becomes illegal when a person bases their trading decision on information that the public does not know. It is illegal to trade stock in a company based on insider information, and it is also illegal to pass on that information to another person so that they can trade. In such a situation the person passing on the information is breaking the law as is the person receiving it if they trade on the information.

Today we look at the biggest insider trading scandals in recent history

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