Former USB institutional client manager,
Mitchel Guttenberg, and his literal partner in crime, David Tavdy - formerly of Assent - recently plead guilty in a New York court to conspiracy and securities fraud.
These two Wall-Streeters make 12 of 13 guilty pleas from individuals fingered last March as participants in a massive insider trading ring.
Lucky number 13 (
well, we actually counted fourteen), Samuel Childs another former Asset broker has plead not guilty, with a
trial set for June.
Labels: Bear Stearns, David Tavdy, insider trading, Mitchel Guttenberg, USB