Aug 4, 2011, 3:33 PM EST
Doug DeCinces had the unenviable task of following Brooks Robinson as the Orioles’ everyday third baseman. Clearly he was so disillusioned by the experience that he decided to turn to a life of crime 35 years later:
The Securities and Exchange Commission charged former professional baseball player Doug DeCinces and three others with insider trading ahead of a buyout by Abbott Laboratories (ABT). DeCinces will pay $2.5 million to settle the charges.
It wasn’t all that sophisticated an operation as far as these things go. Some more details here. Basically, he got an inside tip, traded on it and profited.
I’m sure that Brooks would have done it way more smoothly.
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- Mets sign 40-year-old Bartolo Colon for two years, $20 million 38
- MLB rules committee decides to eliminate collisions at home plate 63
- Mariners sign Corey Hart to incentive-laden deal 28
- David Price would not consider an extension with the Mariners if he’s traded there 35
- Robinson Cano agrees to $240 million deal with Mariners (260)
- Report: Mariners willing to offer Robinson Cano a 10-year, $240 million deal (143)
- Report: Yankees have agreed to a three-year deal with Carlos Beltran (125)
- Brett Gardner is drawing “significant” trade interest (113)
- Managers, GMs to meet today to discuss the abolition of home plate collisions (113)