Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: patron_anejo_por_favor who wrote (164943)	11/17/2008 12:01:13 PM
From: TH	Respond to of 306849

patron, Yes, I agree completely. Cuban is annoying as hell, just like Martha Stewart <g> I guess at some point I'll be starting a new contest for how long Cuban spends in Jail <g> Subject 54778 GT TH

To: patron_anejo_por_favor who wrote (164943)	11/17/2008 12:41:27 PM
From: Lizzie Tudor	Respond to of 306849

I don't know if you remembered a few years ago my griping about Cuban. Cuban was really a dumass that got lucky in high tech, an amazing stroke of dumb luck and has imploded ever since. In 2004 he literally destroyed this metasearch startup called Mamma.com which aggregates all the other search engines. He did not, at that time understand the GOOG search model vs yahoo and claimed Mamma was the "same" as GOOG in terms of business model- it is NOT- he didn't "get" paid search, he is an incredible loudmouth. Well now he has been charged by the SEC over that incident. SEC charges Mark Cuban with insider trading Associated Press Article Launched: 11/17/2008 09:02:08 AM PST WASHINGTON — Federal regulators have charged Dallas Mavericks owner Mark Cuban with insider trading for allegedly using confidential information on a stock sale to avoid more than $750,000 in losses. The Securities and Exchange Commission filed a civil lawsuit against Cuban today in federal court in Dallas. The agency says that in June 2004, Cuban was invited to get in on the coming stock offering by Mamma.com after he agreed to keep the information private. The SEC says Cuban knew the shares would be sold below the current market price, and a few hours after receiving the information, told his broker to sell all shares in the search engine company. mercurynews.com

To: patron_anejo_por_favor who wrote (164943)	11/17/2008 12:56:07 PM
From: jpk1	Respond to of 306849

They love to take down someone in the public eye. Gives them more press and lets the little people think they're on top of things. Just like the bs of putting Martha Stewart in jail. Most of Ws behaved much worse but the SEC never touched one of them.