Professor had 'double life' with traders

  • Article by: NATHANIEL POPPER and BILL VLASIC , New York Times
  • Updated: December 15, 2012 - 5:08 PM

Expert was rewarded lavishly for stock tipoffs.

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ranger78Dec. 15, 12 7:16 PM

Do tell. An academic not following the rules. I thought academics were above reproach? I thought they went into teaching to better society? Once again we learn that those who can, do. Those who can't, teach. What a fraud. I hope he rots in jail.

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miskitoDec. 16, 12 6:46 AM

An Academic not following the rules....... You could easily fill in Academic with any profession. Politician comes to mind.

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localguyDec. 16, 12 7:59 AM

Gilman is an outlier. Nobody's as hard on academic misconduct as academics. Not sure I'd say the same thing about politicians,

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swmnguyDec. 16, 1210:13 AM

This is to be expected when you mix Finance, Big Business, and Academics. The Universities have adopted the corporate model, and with it comes corporate "ethics." Not everything runs best on the corporate model. Not everything works best with Finance as the ultimate consideration. Indeed, from my personal experience, I'd have to say that the traditional corporate model is the most wasteful and least accountable way of organizing things that I've ever seen. And despite all the lip service, the corporate model seeks out and rewards unethical behavior. So much so that ethical corporate behavior is top news. I'm sure we all have multiple examples in our personal experience.

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thedanmanDec. 16, 1212:41 PM

He'll get his day in court, but if he did send a draft of his presentation to a financier, regardless of profit or intent, that surely does trigger an inside info investigation. Somewhat related, CYA people! Best to leave work at the office and not expose your family & friends to your business secrets.

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