• 03 Jan 2013 at 1:42 PM

Mathew Martoma Has No Idea What The Government Is Talking About

By

…vis–à–vis their insider trading charges against him (the former SAC Capital portfolio manager maintained his innocence today, pleading not guilty to turning material non-public information about clinical drug trials passed onto him by his doctor friend into profit). In related news, Martoma failed to give the Feds their Christmas wish, i.e. turning on the Big Guy already. [Bloomberg, NYP]

Comments (17)

  1. 1
    Posted by Matt Levine | January 3, 2013 at 1:52 PM

    More pictures of that chart please, it's moving.

  2. 2
    Posted by Guest | January 3, 2013 at 1:52 PM

    Ladies and gentlemen of the jury, I'm just a caveman. I fell on some ice and later got thawed out by some of your scientists.

    Your world frightens and confuses me! Sometimes the honking horns of your traffic make me want to get out of my BMW.. and run off into the hills, or wherever.. Sometimes when I get a message on my fax machine, I wonder: "Did little demons get inside and type it?"

    I don't know! My primitive mind can't grasp these concepts. But there is one thing I do know -I'm NOT GUILTY!

  3. 3
    Posted by guest | January 3, 2013 at 1:59 PM

    I’ve got a tank full of formaldehyde that says he won’t.

    -Stevie Pork Chop “The Vest” Cohen

  4. 4
    Posted by HighFrequencyHater | January 3, 2013 at 2:03 PM

    I guess after working with Ping Jiang, FPMITA prison is just not a credible threat.

  5. 5
    Posted by Guest | January 3, 2013 at 2:07 PM

    Joe Dirt, that's the guy!

  6. 6
    Posted by guest | January 3, 2013 at 2:09 PM

    Neither do I!

    -UBS Head Government Bond Trader

  7. 7
    Posted by b2bmd | January 3, 2013 at 2:47 PM

    At least someone at the SEC learned powerpoint during Porn-a-holic rehab…

    -Taxpayer who just wants some of his money's worth

  8. 8
    Posted by Frankie Pentangeli | January 3, 2013 at 3:03 PM

    Look the FBI guys promised me a deal. So I made up a lot of stuff about Big Stevie 'cause that's what they wanted — but it was all lies — uh — everything. And I kept saying — Stevie did this and Stevie did that — .uh — so I said yea sure, why not.

  9. 9
    Posted by Poops in Pants | January 3, 2013 at 4:02 PM

    The old man had a little too much wine.

  10. 10
    Posted by guest | January 3, 2013 at 4:24 PM

    That's Preet, not Khuzami, but I appreciate the sentiment.

  11. 11
    Posted by Wolverines | January 3, 2013 at 4:44 PM

    Let it turn to something else…. let it turn, let it turn.

  12. 12
    Posted by SAC Cap GP | January 3, 2013 at 4:45 PM

    same

  13. 13
    Posted by Faust | January 4, 2013 at 8:30 AM

    Your choice: free top-of-the-line legal counsel and a couple years in jail, or Steve Cohen forever hounding you like a bald beast from Hell, breathing down your back, your sworn enemy.

  14. 14
    Posted by Butner Lompoc FCC | January 4, 2013 at 8:56 AM

    We keep them on a pretty tight leash in here actually.

    The Wardne

  15. 15
    Posted by aka | January 4, 2013 at 11:27 AM

    the glee in levine's writing seeing his fellow jew protected from prosecution is repulsive to justice seekers ………. and the condescending attitude towards the little brown man too……

    these guys try to be too cute in all their writing turning out overly convoluted articles thinking they're witty ………. pathetic

  16. 16
    Posted by someguy | January 14, 2013 at 1:44 AM

    What's with all the Indians and Insider trading, come on guys, bringing shame to your family here getting caught so frequently.

  17. 17
    Posted by sohbet | May 12, 2013 at 6:54 PM

    telling these little stories, here's a good idea: Have a point. It makes it so much more interesting for the listener.