Read a little. Learn a lot. • Tightly-written news, views and stuff • Follow us on TwitterBe a Facebook FanTumble us!

08 Feb 2011 22:36


Biz: How to (reportedly) destroy evidence, according to an insider trader

  • Oh it’s easy. You take two pairs of pliers, and then you rip it open. Put ’em into four separate little baggies, and then at 2 a.m…. 2 a.m. on a Friday night, I put this stuff inside my black North Face jacket, … and leave the apartment and I go on like a 20-block walk around the city … and try to find a, a garbage truck. And threw the @*^! in the back of like random garbage trucks, different garbage trucks … four different garbage trucks.
  • Hedge fund manager Donald Longueuil (reportedly) • In a series of messages explaining how he got rid of key evidence in an insider trading case. The details, from a government complaint, were unsealed today. He reportedly trolled the streets of Manhattan looking for a way to throw away a bunch of documents, including a flash drive and two external hard drives. So he chose to destroy them and throw them away in separate garbage trucks in the middle of the night. Sounds like our kind of party. Too bad the guy who he reportedly explained this to was cooperating with authorities. Oops. source