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Insider Trading [0] is a crime in the US. [0]: https://en.wikipedia.org/wiki/Insider_trading https://en.wikipedia.org/wiki/Insider_trading
by p0cc 7y ago
Insider Trading [0] is a crime in the US.
[0]: https://en.wikipedia.org/wiki/Insider_trading https://en.wikipedia.org/wiki/Insider_trading
- perl4ever 7y agoIt might or might not have been insider trading. However, I think a journalist is seriously delinquent if they don't acknowledge that insiders normally schedule their stock trades ahead of time to insulate from insider trading accusations. A reader needs to know whether this was the case or not in order to be appropriately outraged.
- thephyber 7y agoIt was. I posted the SEC PR filing in reply to another comment on this article. > I think a journalist is seriously delinquent if they don't acknowledge ... I'm not sure I agree. If you consider how many topics journalists write about and how much necessary context that they would have to background-boilerplate, a 2 sentence update could easily become the length and readability of a ToS contract.
- perl4ever 7y agoIf there is one single thing that you could put in a sentence or two, but it makes your article irrelevant, then the maximum word count is not the reason it was left out. This isn't like, one article with a unique context. There have been lots of similar ones and will continue to be.
- FDSGSG 7y agoSo what? The question would be "Why is insider trading actually bad in this specific instance?" not "Is insider trading actually a crime?" "Insider trading creates perverse incentives" would not inherently mean that the purported insider trading by equifax executives was a bad thing.