It's bad enough that in order to protect themselves from further embarrassment and litigation, major financial institutions like Goldman Sachs and Citigroup have forbidden their employees from cursing over e-mail. (Morgan Stanley has no such rule, out of deference to chairman John Mack.) Soon, they might not even be able to talk freely about what a piece of shit such-and-such security is on the phone. Currently, a federal judge is weighing whether to allow the conversations recorded between defendants in the Galleon Group insider case, such as Danielle "Martha fucking Stewart" Chiesi, as evidence in Raj Rajaratnam's upcoming criminal trial.
According to the Post:
If the judge rules in favor of federal prosecutors, who want the wiretap evidence heard, it could lead to a lot more bugged phones on Wall Street.
God. It's like, soon, you won't even be able to take a shit on Wall Street without fear of being watched. Oh wait: That's already happening.
Trial 'bugs' Wall Street [NYP]