Way more than you care to know about insider trading and the financial crisis

20 Jun

“It is a remarkable failure of our system that we’ve not addressed the fundamental problems that brought us into the financial crisis. And it is cynical or naïve to imagine it won’t happen again.”

There’s 10,000+ more words where that came from, specifically about the recent Raj Rajaratnam trial and the various ins and outs about how insider trading works, who it affects, and why — despite near-obvious guilt — it’s not always easy to deliver a guilty verdict. The article is worth your time; it’s educational and insightful and very frustrataaaaaaaand I’ve lost you. You’re sleeping on your keyboard. I probably should’ve known.

Sweet dreams, reader.

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2 Responses to “Way more than you care to know about insider trading and the financial crisis”

  1. roughkat June 20, 2011 at 8:55 pm #

    You mean “insider trading” right???

  2. B. June 21, 2011 at 7:24 am #

    Oh man. Yes, that is what I meant. Will try to fix now.

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