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Politics : Formerly About Advanced Micro Devices
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To: hmaly who wrote (134081)3/5/2001 5:58:10 PM
From: tejek  Read Replies (1) of 1577194
 
Harry,

I didn't say that at all. I said that the example you use, isn't an example of insider trading at all. To be considered a violation of insider trading rules a trade must have " deception in connection with the purchase or sale of any security" -- a required element of violations in Section 10(b) It is not illegal for a officer of any company to trade his shares, and whether he reports the sale or not doesn't necessarily make it a deceptive trade.

What you were reading were excerpts from the article, the link to which I had posted previously to Tench. You might want to read the full section on GWB in the article before making your call. The link to the article is below.

ted

motherjones.com
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