This is the sort of news I would like to see a lot more of in the near future: "Wiretapping reminiscent of tackling mobsters." I find it funny that the FT seems to find wiretapping "white collar" criminals so outrageous (and its an interesting question, Was recent financial fraud really that much less harmful than the drug trade in this country, etc?), but it's nice to see American regulators get serious about fraud on Wall st. I suspect that there will be much more to come considering the ways in which people made money in the run up to the crisis, plus the small stuff seems rampant.
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