Jim Chanos: 99.9% of Wall Street Is Honest

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Dec 17, 2010
Jim Chanos, founder of Kynikos Associates, talks about the arrests of four people and the guilty plea of a fifth person in a federal investigation of insider trading. Three people worked at technology firms including chipmaker Advanced Micro Devices Inc. were arrested along with an "expert networker." A fifth man, Daniel DeVore, formerly a supply manager at Dell Inc., pleaded guilty in federal court Dec. 10. Chanos speaks with Carol Massar and Matt Miller on Bloomberg Television's "Street Smart."



(Source: Bloomberg)