The real story is in fact corruption that is present even in places that you would be more slef-concious about their company future.
Other trade magazines are not so kind with the AMD people involved.
I hope for the sake of others that this case is brought swiftly and with more transparency as possible. But again, I may be dreamming.
Mark, I assume the reason you didn't name the hedge funds or portfolio managers directly is that those names were not released by the FBI. I'll bet the reason the FBI didn't release them is that they either don't know for sure or they are scared that these people and companies have enough money to hire some very expensive lawyers to cover their butts. In any event, the real story is corruption and it isn't just about one person.
You are right. I know of others that supply information and advice to hedge fund managers. They are hired to help the hedge fund manager understand the companies and when to invest. With many unemployed technical people these days, this is a good way to earn extra income. The problem is that the technical people may still have connections to companies that can supply inside information and they may not know what information is public and what is not.
It sounds like "market intelligence" and "Global Advisory Teams of Experts" are trouble waiting to happen. How do investment companies ensure that the information they obtain isn't insider information? Where is the line drawn? Ideally they should be able to prove that the information came from an external source. However, that reported source might simply be corroborating information after being tipped off to the news by an insider. Once you know the answer, it is often easy to find other supporting evidence.
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