"Corporate insiders have material non-public information about their companies. Although trading on such information is prohibited and insiders usually obey the rules, the information may still affect their buy or sell decisions. For example, if insiders know their company is about to release bad news, they will postpone their purchases, avoiding big losses. Academic studies have shown that insider purchases have been able to beat the market on the average.
Below we compiled a list of Dow stocks with insider purchases over the past three months."
http://seekingalpha.com/article/312764-insiders-are-bullish-about-these-dow-stocks
NEW YORK (Reuters) - Walnut Place, a group of undisclosed investors who oppose Bank of America Corp's (BAC.N: Quote) $8.5 billion mortgage bond settlement, is the Baupost Group, a distressed debt fund, according to an attorney for the bank.
http://ca.reuters.com/article/businessNews/idCATRE7B805920111209
http://www.zerohedge.com/news/was-seth-klarman-just-exposed-bank-americas-biggest-short-and-covert-mbia-long
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