One of the most powerful stories on the Street. For a few insider trades and about $46,000 in personal profits, Tom Hardin threw away his bright future as an investment analyst. The FBI tracked him down and tapped his shoulder. Facing inevitable felony charges, Tom became “Tipper X,” the government’s most productive cooperating witness in Operation Perfect Hedge, a sting set up by the federal government in 2007-2008 targeting the hedge fund industry.
In this episode, Tom recounts his decision to engage in insider trading and its consequence. He then goes on to discuss his life in the ten years since that time and how he has travelled the world to share his cautionary tale. He also observes how the current economic environment could foster similar mistakes.
Tom is now one of the most sought-after speakers in the investment management industry. For more information about Tom Hardin and potential speaking engagements, please visit his website, Tipper X.