Warren Buffet: Insider Trader? (Moody's MCO)
May 08, 2010
There's at least probable cause that Warren Buffett violated insider trading laws when he sold $6.2 million in Moody's (MCO) shares. Buffett has been in regular contact with Moody's executives; in March Moody's received a notice that it faced an SEC lawsuit; in March Buffett $6.2 million in Moody's stock.