NorthWest Biotherapeutics Inc (NWBO)

[thermo]

Citadel Among Hedge Funds That Got Morgan Stanley’s Block-Trading Leaks
- Bloomberg

"Morgan Stanley paid a $249 million penalty to end the probe. Pawan Passi, who ran the bank’s US equity syndicate desk when he was put on leave in 2021, was barred from the industry for a year by the SEC."

"Representatives for the bank and hedge funds declined to comment or didn’t respond to messages."

When I came out of my fancy business school and went to work for a hedge fund in the 1990s, I thought I was supposed to compete on my smarts. Took me a year to realize it was access to information that mattered most.