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Politics : Foreign Affairs Discussion Group -- Ignore unavailable to you. Want to Upgrade?


To: Sun Tzu who wrote (149661)10/28/2004 3:36:35 PM
From: carranza2  Respond to of 281500
 
Well, your views on insider trading are, to put it mildly, unique. They are thankfully not the legal standard. Moreover, they will never be, at least in America.

C'est tout.



To: Sun Tzu who wrote (149661)10/28/2004 3:37:10 PM
From: jlallen  Read Replies (2) | Respond to of 281500
 
Let's be clear...Martha is not in jail for selling her stock...she's in jail 'cause she lied to the FBI.......NEVER lie to the FBI......

JLA



To: Sun Tzu who wrote (149661)10/28/2004 4:09:46 PM
From: Michael Watkins  Read Replies (1) | Respond to of 281500
 
The only problem I have with that is that Martha is not an average person ("average stock holder"). She is a former broker and the CEO of a publicly traded company, and therefore as a matter of course would be well versed in insider trading rules. Her "spidey sense" should have been ringing big time when she got the call.

Having said that, IMO wasting the time and resources to investigate and prosecute her seems quite insane given there must be much bigger "white collar" crimes which need attention.