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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.
-bjmq
April 14, 2011 | Permalink
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