Yesss, ProPublica: just hook it into my veins!
Capitalism has perfected the bloodletting. Dios mio.
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This also doesn’t track insider trading by brokers and brokerage firms. To do that you’d have to have access to mutual fund information, aggregate bond prices, etc, and correlate that with individual trades by those investment trusts. It’s incredibly complex to track and generally doesn’t come to light unless investors or companies feel they’ve been screwed in some way.
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There are certain traits that most high climbing executives have…one of which is a sense of self effacing financial ruthlessness…it’s all right there before them…if the gang in Congress can get away with it…they can figure it out as well…home gamers like Martha Stewart are on their own.
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This an old news. Upper level executives often have relationships with competitive firm’s opposite numbers, and so potentially profitable information constantly flows back and forth. This is old news. Hooray for capitalism.
Lots of “speech” going on in the article. Little was said actually.
Amazing how “corporation people’s” money always winds up in one guy’s bank account.
Republicans call that working.