A New York-based FBI agent who played a leading role in a string of recent insider trading prosecutions is under criminal investigation for what federal prosecutors, in a recent court filing, call "unquestionable misconduct by an agent of the Government … improper and inexcusable."
It's the sort of story that ordinarily might be splashed across the front pages of the New York Times and the Wall Street Journal — except that in this case, the misconduct of which the FBI agent, David Chaves, is suspected was leaking grand jury information to the Times and the Journal.
The headlines are an example of journalistic hyperbole, but what actually happened regarding background checks and those with mental illnesses is something quite different…