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In an insider trading action against a hedge fund I mentioned earlier today , the fund manager allegedly directed the purchase of shares in a merger target after receiving a tip from an insider through an intermediary , realizing illegal profits of over $ 1.3 million.9 In yet another case brought within the past year , a Massachusetts-based hedge fund manager and his fund were charged with trading on material nonpublic information regarding Citizens Bank 's planned takeover of Charter One Financial , making nearly three-quarters of a million dollars in illegal profits.10 The latter case also illustrates the importance of criminal sanctions , as the fund manager recently pled guilty to five counts of criminal securities fraud . Whether that is Republican thinktanks or campaigners , the Christian coalition that gives them footsoldiers in every community , the shock jocks who mean they have a voice in the media , and the public square of American debate - they have recognised it is only by building a powerful movement that you can define the terms of trade in politics . Already we have in place a strong free trade agreement with Singapore , which took effect in 2004 and contributed to a 12 % increase in trade in one year . Thomas said he has no interest in trading for Iverson and has n't even picked up the phone to speak with 76er President Billy King . For example , although the OPEC countries are a strong cohesive group within the context of trade in oil , their common interest in exporting oil is arguably only part of the story of their interest in climate change .