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💬 Quoted… “We allege that Mr. Loudon took advantage of his remote working conditions and his wife’s trust to profit from information he knew was confidential.”

  • Many wives complain that their husbands don’t listen enough – but the opposite was true in a case filed late last week by federal prosecutors. A Houston man pleaded guilty to eavesdropping on his work-from-home spouse – a mergers and acquisitions manager at BP – then using the info he overheard to make $1.8 million in an insider trading scheme. The alleged illegal trading was eventually uncovered by BP, after which the wife was terminated from the company (she also later filed for divorce). The husband, who faces a sentence of up to five years in federal prison, agreed to forfeit all illegal proceeds as part of his plea agreement.

🎓🆓 Stat of the Day: The Albert Einstein College of Medicine in New York City will be tuition-free for all students starting this fall, thanks to a new $1 billion donation from Dr. Ruth Gottesman, who spent 55 years as the chair of the school’s board. The donation, which comes from the fortune made by Gottesman’s late husband Sandy (an early investor in Berkshire Hathaway), marks the largest single gift to any medical school in US history.

🤔 Did You Know?... There are over twice as many Mongols living in China than in the entire country of Mongolia (6.3 million vs. 3.0 million).

📰 Worth a Read: The Spy War: How the C.I.A. Secretly Helps Ukraine Fight Putin → (NY Times)

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