Trading Places
TP
After a few years, each member of the group had made a few hundred thousand dollars. In 1999, Matthew moved to a new firm, Skadden, Arps, Slate, Meagher & Flom, and just like that, the insider trading was over. Unbeknownst to Ken and Garrett, Matthew left the firm after being questioned by the SEC. The SEC was questioning Mathew’s involvement in divulging sensitive information from his firm. Matthew denied any wrongdoing and provided the SEC with his banking and phone records. The investigation didn’t lead anywhere, but it was enough to scare Matthew straight.
Caption: Garrett talks about the large amounts of money he made through his trades