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For be fair, I think Goldman was named by Bud because of their relation to this story. > Insider trading is a criminal offence The update in the article sugge
by nhebb 16y ago
For be fair, I think Goldman was named by Bud because of their relation to this story.
> Insider trading is a criminal offence
The update in the article suggests that the trades may have been done prior to any non-public information about Goldman's valuation.
BTW, there is a good discussion about the (il)legality of insider trading for privately held companies over at Quora:
http://www.quora.com/Do-insider-trading-laws-apply-to-privately-held-companies http://www.quora.com/Do-insider-trading-laws-apply-to-privat...