{"id":648612,"date":"2017-04-07T08:33:08","date_gmt":"2017-04-07T08:33:08","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/07\/business-dramas-wall-street-stool-pigeons-and-samsungs-quest-for-redemption\/"},"modified":"2017-04-07T08:33:08","modified_gmt":"2017-04-07T08:33:08","slug":"business-dramas-wall-street-stool-pigeons-and-samsungs-quest-for-redemption","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/07\/business-dramas-wall-street-stool-pigeons-and-samsungs-quest-for-redemption\/","title":{"rendered":"Business Dramas: Wall Street stool pigeons and Samsung\u2019s quest for redemption"},"content":{"rendered":"<p><strong>The best business drama we\u2019ve read in a long time <\/strong>is Bloomberg\u2019s recent take on the story of Guy Gentile, which it dubs \u201cthe Wall Street informant who double-crossed the FBI.\u201d Gentile\u2019s story isn\u2019t as rare as you think: \u201cHe became one of the FBI\u2019s 15,000 informants, or \u2018confidential human sources,\u2019 as the bureau calls them. <strong>The FBI has been using this tactic against stockbrokers and fund managers since at least 1992<\/strong>, when it created its first squad dedicated to Wall Street crime after the case against junk-bond king Michael Milken brought securities fraud into the mainstream. Informants are crucial to these cases, because tape recordings demonstrating wrongdoing cut through the complexity of stock market schemes for juries. And unlike agents, informants don\u2019t require warrants to elicit evidence. <strong>Turncoats have driven some of the FBI\u2019s biggest Wall Street investigations<\/strong>, like the landmark insider-trading cases against Raj Rajaratnam and Steve Cohen\u2019s SAC Capital Advisors. Read <a href=\"https:\/\/www.bloomberg.com\/news\/features\/2017-03-23\/-bro-i-m-going-rogue-the-wall-street-informant-who-double-crossed-the-fbi\"><strong>\u201cBro, I\u2019m going Rogue.\u201d<\/strong><\/a><\/p>\n<p><strong>The second-best business drama we\u2019ve read in a while <\/strong>comes courtesy The Verge, which goes deep with \u201c<a href=\"http:\/\/www.theverge.com\/2017\/3\/29\/15094720\/samsung-galaxy-s8-design-safety-vs-note-7-battery-explosion\">After the smoke clears: Inside Samsung\u2019s quest for redemption<\/a>.\u201d It\u2019s a deep dive into how the device maker worked to get past the self-immolating Note 7 debacle.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The best business drama we\u2019ve read in a long time is Bloomberg\u2019s recent take on the story of Guy Gentile, which it dubs \u201cthe Wall Street informant who double-crossed the FBI.\u201d Gentile\u2019s story isn\u2019t as rare as you think: \u201cHe became one of the FBI\u2019s 15,000 informants, or \u2018confidential human sources,\u2019 as the bureau calls [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[12012],"tags":[72,2380,12011,12010],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-648612","post","type-post","status-publish","format-standard","hentry","category-speed-round-the-weekend-edition","tag-enterpriseam","tag-speed-round","tag-speed-round-the-weekend-edition","tag-the-weekend-edition","wpautop","entry"],"acf":{"mongo_id":"e15423df-17c4-4581-a15b-52fc650928c0","order":"0","is_powered_by":true,"section_story_id":"894e12bc-8a48-47ab-88a0-b60c5943a97b","story_type":"1","photo_url":"","photo_position":"above","related_issue":[648605],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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