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> For example, Martha Stewart was a billionaire when she engaged in insider trading and then lied about it to the FBI I can't say I know anyone who would be __
by knolax 6y ago
> For example, Martha Stewart was a billionaire when she engaged in insider trading and then lied about it to the FBI
I can't say I know anyone who would be __ethically__ opposed to insider trading. From a regulatory view point most people would be against it, but I don't think anyone views it as a ethical issue.
- kingkawn 6y agoI think insider trading is unethical. There ya go
- s1artibartfast 6y agoHow would you react if you found out a good friend conducted insider trading? Where would you rank it on the scale of jay-waling to murder?
- knolax 6y agoWhy?
- kingkawn 6y agoPeople work hard their whole lived and put that money into the market. If the market is rigged for insiders then those people are being robbed of their life’s work in a way that they could not have adjusted to or anticipated because the news that trades were based on was not available. It is grabbing money out of the pocket of people in a way that is deeply unfair. I know those types of folks aren’t the only investors, but they’re the ones who screwing them in this way is unethical.