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I'm sure the SEC will find some way to call this insider trading, if they want. The mortgages are destined to be securitized!
by metafizikal 8y ago
I'm sure the SEC will find some way to call this insider trading, if they want. The mortgages are destined to be securitized!
- rubbingalcohol 8y agoNo, I don't think so. I understand why people are upset over Amazon's behavior with the new headquarters, but this article is scraping the bottom of the barrel for new headlines to stoke outrage over. There is literally nothing wrong with acting on insider information in a context outside of securities trading, which real estate is not.
- georgeburdell 8y agowrong != illegal. You statement should read "There is literally nothing illegal with acting on insider information in a context outside of securities trading, which real estate is not." Given how contentious housing is these days due to high prices, I'd argue that many would find buying real estate using insider information to be wrong.