Sunday, April 28, 2024 Apr 28, 2024
72° F Dallas, TX
Advertisement
Business

SEC Busts Perot Employee for Insider Trading

|

You know who ain’t real smart? Reza Saleh. That’s who. Saleh, an employee of Parkcentral Capital Management (a Perot joint) and Perot Systems, allegedly made nearly $9 million in illicit profits by trading on non-public information leading up to the Dell purchase of Perot Systems. I say he ain’t smart because most folks in Saleh’s position know that the SEC monitors suspicious trading in a window leading up to a deal like that.

Related Articles

Image
Local News

In a Friday Shakeup, 97.1 The Freak Changes Formats and Fires Radio Legend Mike Rhyner

Two reports indicate the demise of The Freak and its free-flow talk format, and one of its most legendary voices confirmed he had been fired Friday.
Advertisement