An Alaskan Reader Notes The “Indian-Entrepreneur” Factor In Wall Street Prosecutions
From Ryan Kennedy [email him]
PBS`s FRONTLINE just aired a story about insider trading calle To Catch a Trader . There sure were a lot of Indians and other Asians in the FBI`s cross-hairs. This jibes with VDare.com`s observation that many of the “successful” business entrepreneurs that immigration enthusiasts like to crow about are successful because they are so adept at gaming the system and/or cutting corners.
But the fact is it is the law of the land and it seems that immigrants have fewer qualms about breaking a whole host of our laws, which in this case are the financial laws that American traders have to play by.
James Fulford writes: There`s a lot of this going around—see, for example, Patrick Cleburne`s 2009 post Hedge Fund Galleon`s Wall Street: Minority Occupied Territory—and they`d get away with more of it, if it weren`t for the fact that the US Attorney responsible for catching traders was a guy named Preet Bharara, who was raised in America, and doesn`t have worry about being called racist.