It's been four years since Noreen Harrington has appeared on the scene, but she recently spoke before an industry group on why she blew the whistle on the market timing and late trading at Canary Capital, setting off the shocking scandal that rocked the fund industry, cost it $5 billion in fines and nearly tarnished its reputation forever.

In hearing her tale, one can only marvel at how incredibly brave she was to take on Edward J. Stern, Canary principal and son of Leonard Stern, one of the most powerful and, worth $3 billion, richest magnates in New York.

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