4 ms·

Ctrl-F Casino Royale During the film, the terrorist financier Le Chiffre uses a Ugandan warlord's money to short-sell stock in Skyfleet, thus betting the money

by BMc2020 3y ago

Ctrl-F Casino Royale During the film, the terrorist financier Le Chiffre uses a Ugandan warlord's money to short-sell stock in Skyfleet, thus betting the money on the company's failure. The banker plans to bring about said failure by destroying the company's prototype airliner. After his original bomb-maker is killed by James Bond in Madagascar, another is hired to complete the job. The bomb-maker infiltrates Miami International Airport and steals a fuel tanker; attaching a keyring-sized bomb to the vehicle. As he attempts to blow up the prototype with the truck he is intercepted by 007 and a fight ensues on-board. Eventually the terrorist is forced from his vehicle and Bond narrowly prevents the truck from colliding with the plane. With his plan foiled, Le Chiffre is left with a major financial loss and is forced to set up a high-stakes poker tournament at Casino Royale in Montenegro.

jihadjihad 3y ago
> is forced to set up a high-stakes poker tournament at Casino Royale And take a long pull from that inhaler of his.
loceng 3y ago
Huh, so sabotage of a flight on a plane where it's very plausibly related to ongoing quality control is a viable method of generating profit without suspicion - so long as the mechanic who sabotaged door to low off isn't the same one making playing the stock?
- klyrs 3y ago
  I still don't think it counts as insider trading if an outsider sabotages the airplane and buys the puts. The sabotage itself is probably a dozen federal offenses (gasp, terrorism!) resulting in actual prison time; insider trading only gets a slap on the wrist.
  - loceng 3y ago
    Agreed, it wouldn't be insider trading - just fraud - with potential horrible unintended but predictable consequences; of which the person(s) buying the stock around that orchestrated event happens would be complicit in. There's probably far easier and more lucrative ways for clever criminals to execute on though.
    - tim333 3y ago
      I'm not sure it would even be fraud although obviously blowing up airplanes breaks some laws. But on the finance side if you buy calls on a company and then help it be successful in some way I don't think you have broken any laws.
wiether 3y ago
_the sweet tang of_ insider trading

jihadjihad 3y ago

> is forced to set up a high-stakes poker tournament at Casino Royale And take a long pull from that inhaler of his.

loceng 3y ago

Huh, so sabotage of a flight on a plane where it's very plausibly related to ongoing quality control is a viable method of generating profit without suspicion - so long as the mechanic who sabotaged door to low off isn't the same one making playing the stock?

klyrs 3y ago
I still don't think it counts as insider trading if an outsider sabotages the airplane and buys the puts. The sabotage itself is probably a dozen federal offenses (gasp, terrorism!) resulting in actual prison time; insider trading only gets a slap on the wrist.
- loceng 3y ago
  Agreed, it wouldn't be insider trading - just fraud - with potential horrible unintended but predictable consequences; of which the person(s) buying the stock around that orchestrated event happens would be complicit in. There's probably far easier and more lucrative ways for clever criminals to execute on though.
  - tim333 3y ago
    I'm not sure it would even be fraud although obviously blowing up airplanes breaks some laws. But on the finance side if you buy calls on a company and then help it be successful in some way I don't think you have broken any laws.

wiether 3y ago

_the sweet tang of_ insider trading