Siriusly Subpoenaed — Howard Stern, Gossip Columnists And Insider Trading

from the hanging-up-on-the-SEC dept

A gossip columnist “celebrity journalist” who both had the scoop on Howard Stern’s impending move to Sirius satellite radio and was on the show the day the official announcement was made has been subpoenaed for information by the SEC who is investigating insider trades on that news. The journalist claims he’s never owned stock outside of a 401k (which, of course, could include Sirius stock) and that he based his earlier story on the fact that folks at Sirius told him they were “holding out for Howard Stern” when he interviewed for a job there himself. He also claims that the fact that he was on the show was a coincidence. However, the best part of this story is the fact that the SEC called him a bunch of times before they sent a subpoena — but he hung up on them assuming they were part of a prank being played by (you guessed it) Howard Stern.

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