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Transcripts For BLOOMBERG Money Moves With Deirdre Bolton 20131219

The Insider Trading program of sac capital. A former sac trader, michael steinberg, was convicted of conspiracy fraud for using illegal tips to buy and sell tech stocks. Joins me more before we get into the nuts and bolts, you were in the courtroom . There is always high drama. Anybody who has seen perry mason or law and order knows that they hand the jury to the judge and the judge hands it back to the jury and the four lady announces it. She was about to announce it and mr. Steinberg fainted. They had to take a break until they attended to his blood pressure. The forewoman said the subtext of emails was presented during the trial and i convinced her that steinberg knew he was aware he was breaking the law. Tell us about those emails. He said heiled was lying and making up the whole entire story, implicating his boss to save himself. A sickly, the government argued that there were emails that the two men had shared and swapped a ....

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