A trader with a high-profile hedge fund was charged today with securities fraud related to insider trading. The hedge fund itself had already agreed to pay the SEC $ 614 million earlier this month to settle some charges. Weekly Wrap guests Felix Salmon and Leigh Gallagher are set to talk about the charges, plus about what’s going on in Cyprus.
In the meantime, they offer their weekend #longreads picks.
Felix Salmon suggests:
- Rob Reich in the Boston Review on charitable foundations.
- Kate Losse on Facebook’s Sheryl Sandberg and her ‘Lean In’ social movement.
- Haley Sweetland Edwards on where laws go to die.
Leigh Gallagher picks:
- Fortune’s look at marijuana entrepreneurship.
- Mississippi’s great green hope.
- Joe Nocera’s op-ed in the New York Times on saving children from guns.
Insider trading charges: One way to end a long week
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