White Collar Watch: A Dubious Key Witness Didn’t Sink This Insider Trading Case

(New York Times) The prosecution of William T. Walters for insider trading had it all: outsize personalities from the worlds of sports and business, a defendant known for high-stakes betting with a history of brushes with the law, the prosecution nearly compromised by an F.B.I. agent leaking confidential information to the news media, and a seriously flawed cooperating witness who struggled to tell the truth, even on the witness stand…

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