Mathew Martoma Has No Idea What The Government Is Talking About

…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]

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17 Responses to “Mathew Martoma Has No Idea What The Government Is Talking About”

  1. Matt Levine says:

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

  2. Guest says:

    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. guest says:

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

    -Stevie Pork Chop “The Vest” Cohen

  4. HighFrequencyHater says:

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

  5. Guest says:

    Joe Dirt, that's the guy!

  6. guest says:

    Neither do I!

    -UBS Head Government Bond Trader

  7. b2bmd says:

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

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

  8. Frankie Pentangeli says:

    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. Poops in Pants says:

    The old man had a little too much wine.

  10. Wolverines says:

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

  11. Faust says:

    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.

  12. someguy says:

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

  13. sohbet says:

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