5 ms·

Appalling. One would have thought that a C-level officer in a listed company would know enough about insider trading as to not do it...

• sdhgaiojfsa 9y ago
  What's mind-boggling to me about this is to take such a risk over such a paltry (for a C-level) amount of money.
• deleted 9y ago
  [deleted]
• ams6110 9y ago
  Those are pretty much the same people who know enough insider info to even be in a position to trade on it.... When there's insider trading happening, it's almost always a C-Level person or someone closely connected to him.
• googlryas 9y ago
  The company was intentionally keeping him in the dark about the matters, and he put things together. Is that really insider trading?
  • gknoy 9y ago
    Insider trading requires inside _knowledge_. Deducing it oneself is not a defense. Just like classified information, it doesn't matter how you got it, it matters what you do with it.
    • googlryas 9y ago
      At what point does the deducing it yourself become allowable(if ever)? If I work at Amazon, and see Bezos in a conference room banging his hands on a desk and raging(which is not his normal behavior at all), I sell AMZN based on that, and then it turns out they had a massive data breach that tanks the stock price, is that insider trading?
• pishpash 9y ago
  On the other hand, we simply accept insider trading as one of the perks of Congress.