Tags: Doug Whitman, insider-trading, Kahn: I'm so depressed I don't know what I'm doing with my life. Whitman: Oh you know what would make you feel better? Getting on the horn and bringing me some inside info you non-contributing zero., Roomy Khan, slimeballs, Sunil Bhalla, Whitman Capital
…Before losing his patience and wondering aloud what the hell she was good for if not bringing him hot tips.
FBI informant Roomy Khan, 53, told jury that she gleaned illegal tips on Polycom’s earnings from Sunil Bhalla, a former Polycom exec who was placed on leave in 2009. She then passed those tips to Whitman [Capital founder Doug Whitman] and a handful of other hedgie pals, including convicted Galleon Group co-founder Raj Rajaratnam and her bosses at Trivium Capital Management…“You know what would make you feel better?” Whitman asked Khan when she started complaining about her lot in life. “Calling Sunil and getting a good call on Polycom and being able to short it.” “Yeah, but I could go to jail for doing that, too,” Khan said. “[If] you’re not going to be a slimeball, what do I want to talk to you for,” Whitman said.
Roomy Not Slimy [NYP]