Senators weigh in on behalf of
SEC whistleblower, Gary Aguirre. Aguirre created quite a stir when he alleged that, as an SEC staff attorney, he was encouraged
not to pursue an insider trading investigation involving
Morgan Stanley CEO John Mack and his connections to hedge fund powerhouse,
Pequot Captial. Aguirre was subsequently fired, which lead to the aforementioned whistleblowing.
Now two senators, Arlen Spector (who is increasingly finding his feisty) and Charles Grassley have sent a letter to the SEC on Aguirre's behalf, asking the commission to provide a full accounting of what went down. More on their request,
here, via
Marketwatch.
-- MDT
Labels: Gary Aguirre, insider trading, John Mack, Morgan Stanley, Pequot Capital