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by YourGrace 1044 days ago
The justice.gov article has more insights than the news article. From what I can tell, he initially got off on probation for insider trading instead of prison due to 12 letters of references vouching for his character, and he altered/falsified 6 of them. Seems like isolated attempt at profiteering, but I also wonder if this helped contribute to the collapse as well.

[1] https://www.justice.gov/usao-ndca/pr/former-bank-vice-presid....