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> Isn't it legal to buy an airline ticket for someone else? She's not buying tickets for someone else. She's buying them for herself using other people's ident

> Isn't it legal to buy an airline ticket for someone else? She's not buying tickets for someone else. She's buying them for herself using other people's identities. It's not the same thing, and this is covered in the article. > It's a tough to think about how companies, the stock market, banks, packaged securities, hedge funds, governments, and tax codes are all playing games with this but when a normal person does it they get thrown in jail. From the article: > she was able to receive relevant information beforehand that tells her if the flight was going to be delayed or cancelled. Last I checked insider trading was illegal (and immoral) in the stock market too.

mikem170 6y ago
I'm not arguing that what she did was legal. I am saying that I don't agree with your prior statement that it was clearly immoral. I see it as clouded when one hears of corporations, banks, hedge funds, governments, and other well funded entities getting away with all kinds of financial games to the detriment of the many, pretty much without consequence, and then when someone plays a similar game on a smaller scale it is wrong. That's the part I don't understand. For example, the Panama papers were a big scoop because of all the rich people hiding their identities. That's legal, but doesn't seem clear if it's really moral. Companies do that to hide money from taxpayers, right? It seems in the U.S. anything goes as far as making money especially if you are rich, corporations are duty bound to make profits regardless of morality, etc. Otherwise if you are not rich enough to play you need to know your place and follow the rules laid down for non-rich people. Has that compromised our morals? Probably. Is calling what this lady did immoral fair given everything else that goes on? That's what I wondered.
DudeInBasement 6y ago
>Insider trading was illegal Hello, yes, I'd like to talk to my fellow congress-person who actively trades on insider information

mikem170 6y ago

I'm not arguing that what she did was legal. I am saying that I don't agree with your prior statement that it was clearly immoral. I see it as clouded when one hears of corporations, banks, hedge funds, governments, and other well funded entities getting away with all kinds of financial games to the detriment of the many, pretty much without consequence, and then when someone plays a similar game on a smaller scale it is wrong. That's the part I don't understand. For example, the Panama papers were a big scoop because of all the rich people hiding their identities. That's legal, but doesn't seem clear if it's really moral. Companies do that to hide money from taxpayers, right? It seems in the U.S. anything goes as far as making money especially if you are rich, corporations are duty bound to make profits regardless of morality, etc. Otherwise if you are not rich enough to play you need to know your place and follow the rules laid down for non-rich people. Has that compromised our morals? Probably. Is calling what this lady did immoral fair given everything else that goes on? That's what I wondered.

DudeInBasement 6y ago

>Insider trading was illegal Hello, yes, I'd like to talk to my fellow congress-person who actively trades on insider information