Tuesday, June 19, 2007
Are there widespread systematic abuses of trading on inside information involving private equity deals? The Wall St. Journal profiles KKR's $25.6 billion buyout of First Data Corp. as it explores this question. Senate Arlen Specter and Federal Reserve Board Chairman Ben Bernanke call for crack-downs on misuse of inside information. See WSJ, Secrets to Keep:Insider Trading Hits Golden Age.