M & A Law Prof Blog

Editor: Brian JM Quinn
Boston College Law School

Thursday, April 14, 2011

Operation Perfect Hedge

That's the name given by the FBI to the most recent extensive insider trading investigation. Why "Perfect Hedge"?  According to CNBC:

An FBI source says the name "Perfect Hedge" was chosen because that is what the alleged offenders thought they had—a perfect hedge, or an investment with no risk.

So, now we know.



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