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Last updated: February 16. 2013 2:10PM - 82 Views

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(AP) A government informant at the heart of history's biggest insider trading case has told a New York jury that obtaining inside information is like getting the answers to a school test beforehand.


Roomy Khan, of Fort Lauderdale, Fla., testified for a second day Tuesday at the trial of a San Francisco hedge fund boss who is accused of insider trading.


She tells jurors that inside information guaranteed an A-plus on Wall Street, saying: "There's no way you can flunk."


Her testimony came before the government played for the jury taped conversations between Khan and the defendant, Doug Whitman. She testified that Whitman was among several close friends that she routinely fed inside tips between 2004 and 2008. Whitman has pleaded not guilty.


Associated Press
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