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I have multiple objections to this statement.. 1) Trading on "inside knowledge" is not really a crime, or even a problem. Everyone knows something the other do
by conanbatt 8y ago
I have multiple objections to this statement..
1) Trading on "inside knowledge" is not really a crime, or even a problem. Everyone knows something the other doesn't: thats why you trade on it. You sell your knowledge and knowhow.
2) Why do you think the employees of amazon are less entitled to that gain that the landlords or queens that have almost no relationship whatsoever to the company and have somehow a windfall
3) The ultimate loser of not being able to capture the externality value produced is the company, i.e. the shareholders. This is the other side of the coin of when amazon bargains for tax breaks: some people will be made wealthier for a tangential participation.
- countryqt30 8y ago1) "Trading on inside knowledge is not really a crime" - you should go work at the SEC :D