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Insider trading happens all the time. But usually you don't read about it in the news. So that the Intel CEO's insider trading got him in trouble shows there's
by erikb 9y ago
Insider trading happens all the time. But usually you don't read about it in the news. So that the Intel CEO's insider trading got him in trouble shows there's someone fighting against him. Thus, no that's not the full story. I know it's hard to accept but the official scape goat is rarely the trouble maker. Or do you believe that the 2008 crisis was just the doing of that one banker that got jailed?
- pas 9y agoThe 2008 crisis was an emergent systemic risk. (Similar to Spectre) But Meltdown is Intel's fuckup, and the insider trading is on Krzanich. And naturally anyone is happy to point that out, even if they sort of fucked up by implementing speculative execution and thus allowed Spectre on their platform. Or it can be simply someone that noticed this unusual sale, and saw the circumstances ripe for a bit of naked shorting.
- erikb 9y agoRight. Shorting is also an option. Haven't thought about it. It would also be insider trading, though, and it's not in the news that someone shorted Intel stock big time.