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From Securities and Exchange Commission enforcement chief Robert Khuzami, describing the way that Galleon Group’s Zvi Goffer tried to keep his insider trading a secret:

If you find yourself chewing the memory card in your cellphone to destroy any record of your misconduct, something has gone terribly wrong with your character.

Roger that.  As an added bonus, the linked article also interviews “an eavesdropping-detection specialist” who says he’s turned down three separate firms recently who were all desperate to know if the government was bugging them.  Hooray for Wall Street!

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FACT:

Mother Jones was founded as a nonprofit in 1976 because we knew corporations and the wealthy wouldn't fund the type of hard-hitting journalism we set out to do.

Today, reader support makes up about two-thirds of our budget, allows us to dig deep on stories that matter, and lets us keep our reporting free for everyone. If you value what you get from Mother Jones, please join us with a tax-deductible donation today so we can keep on doing the type of journalism 2020 demands.

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