Junior Wall Street Wannabes

The NYT weighs in on the Plotkin/Pajcin case:

Wall Street has often been plagued by insider trading scandals in the past, most spectacularly in 1980’s, when it ensnared some of the most powerful titans of finance. But the scheme that Mr. Pajcin and Mr. Plotkin are accused of involves the most junior of Wall Street wannabes.
Indeed, its cast of characters would be more likely to be found appearing on “Jerry Springer” than the Wall Street program “Squawk Box.” They include Ms. Vujovic, an exotic dancer who earned $6,000 to $7,000 a night, according to a transcript of Mr. Pajcin’s bail hearing; Mr. Pajcin’s aunt, who was a retired seamstress in an underwear factory in Croatia; Mr. Plotkin’s father; a driver in Croatia; a wealthy investor in Germany; and a softball buddy from Brooklyn named Elvis.

Posted by on April 30th, 2006 at 11:57 am

The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.