Over the past several months, as we followed HSBC's currency scandal involving trader Mark Johnson who netted his firm $8 million in illicit profits by front-running a $3.5 billion client order, we frequently noted that Johnson was nothing more than a convenient scapegoat for a global financial industry that is rife with similar front-running scams that go unnoticed. That said, to our complete 'shock' the NY Post today highlights another front-running scam allegedly perpetrated by Wall Street's finest at the expense of their clients. According to new documents published in a class action lawsuit filed by a number ... (full story)