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Politics : Politics for Pros- moderated
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From: LindyBill10/18/2013 4:59:40 AM
1 Recommendation

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D. Long

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I am glad to read this.

“A federal jury in Dallas yesterday rejected SEC claims that [Dallas Mavericks owner] Cuban engaged in insider trading when he sold his stake in a Canadian Internet company nine years ago to avoid a $750,000 loss. Jurors found the information Cuban acted on wasn’t confidential and that he hadn’t promised not to trade on it.” [ Bloomberg Business Week, Bainbridge] Bonus: Jonathan Macey (Yale) on inside trading [ video at Bainbridge, discusses Cuban case]
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