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Am I the only one that thinks that "insider trading" is pretty much how most of Wall Street & Washington DC works, period? Lots of "tips" passed around, favorit
by mkramlich 14y ago
Am I the only one that thinks that "insider trading" is pretty much how most of Wall Street & Washington DC works, period? Lots of "tips" passed around, favoritism, loose talk, secret undocumented deals and promises, shell games, front running, nepotism, kickbacks, non-monetary compensation & bribes, etc. This is probably just one particular cockroach that happened to get seen when the lights in the kitchen were turned on one night. But there's hundreds more back under the appliances and in the walls you didn't see.
- veyron 14y agoGupta and Rajaratnam are the ones that were chosen to fall. The crimes are perpetrated on a daily basis by a whole slew of individuals and firms, but someone had to walk the plank to create the illusion that something is being done.
- Bill_Dimm 14y agoInsider trading in Washington has been so accepted that it wasn't even illegal until a couple of months ago: http://nbcpolitics.msnbc.msn.com/_news/2012/04/04/11018553-obama-signs-insider-trading-ban-into-law?lite http://nbcpolitics.msnbc.msn.com/_news/2012/04/04/11018553-o...