If These Guys Can Do It, Maybe Insider Trading Is Easy

If you’re not following the insider trading debacle of Matthew Kluger and Garrett Bauer, well, wow, it’s quite a tale. From inside some of Manhattan’s whitest-shoe lawfirms to a security brokerage, the duo allegedly used a middle-man to share information. Once their middle-man turned on them, the transcripts of their recorded conversations make it difficult to believe that they enriched themselves for nearly two decades: when they got panicky, they figured they should put their cash payoffs in the washing machine. Or maybe burn it? And then… Well, this headline is a pretty good summary: Accused Insider Traders Argue Over How Much Effort They’ll Exert To Destroy Evidence Like Two Guys Debating Whether It’s Worth Paying the Extra $5 For Getting The Pizza Delivered Rather Than Picking It Up Down The Block. Heh.