Bam, bam, bam came the knock at Phoebe's door, reverberating through her modest home like angry thunder. The pounding burst a cache of happy memories that could have lasted well past her afternoon coffee.
It is never good to hear that large financial players may have broken the law, and the huge insider trading investigation unfolding on Wall Street is deeply troubling. But the upside to the probe is that it offers a chance to curb the outsized power of hedge funds.
The REAL lesson most investors should take away from the largest institutional insider-trading investigation in history is that competition in the global financial markets is so intense that it's basically idiotic to trade.