The Gary Null Show – 05.10.17

Confessions of a Wall Street Insider – a look at life of high trader stakes on the Street

Michael Kimelman is a former associate attorney at the international commercial business law firm Sullivan & Cromwell. Later he became a stock trader and the founder and managing partner of the New York based hedge fund Incremental Capital. He was among the over 80 people arrested for insider trading during a far reaching sting operation led by US Attorney Preet Bharara in 2009 after the financial mortgage meltdown.¬† Convicted on flimsy evidence for two counts of security fraud and one for conspiracy for his assumed participation in a large insider trading web with billionaire hedge fund mogul Raj Rajaratnam, he spent two years in the federal penitentiary¬†prison in Lewisburg Pennsylvania.¬† Michael is a graduate of Lafayette College and received his law degree from the University of Southern California Law School and is currently a financial consultant and engaged in prison and education reform. He is the author of the recent book “Confessions of a Wall Street Insider: A Cautionary Tale of Rats, FEDs and Banksters” by Skyhorse Press, which gives a first hand glimpse in lives and activities of proprietary traders and his own experience of the criminal justice system to select and destroy fall-guys.

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