Insider trading tells everybody at precisely the wrong time that everything is rigged, and only people who have a billion dollars and have access to and are best friends with people who are on boards of directors of major companies - they're the only ones who can make a true buck.— Preet Bharara
Blissful Insider Trading quotations
Unfortunately, from what I can see from my vantage point as the U.
S. Attorney here, illegal insider trading is rampant and may even be on the rise.
Significant officials at publicly traded companies are casually and cavalierly engaged in insider trading. Because insider trading has as one of its elements communication, it doesn't take rocket science to realize it's nice to have the communication on tape.
I spoke bluntly about what I had seen in a little over a year as United States Attorney for the Southern District of New York. To the apparent surprise of many in the room, I observed publicly that insider trading appeared to be rampant.
Securities fraud generally and insider trading in particular should be eminently deterrable crimes.
If companies tell us more, insider trading will be worth less.
The way I understand the rules on trading on inside information, it's very vague.
President Obama signed a bill preventing members of Congress from profiting from insider trading. Didn't you think that was already illegal?
Former Enron founder Ken Lay and CEO Jeffrey Skilling found guilty in the Enron case. Ken Lay is so guilty I'm surprised people aren't calling him Congressman Ken Lay. Wait 'till these guys find out in prison that insider trading has a whole new meaning.
Why are people who are appalled at insider trading so quick to trade on inside information when it comes their way?
I'm not an insider. I'm not on the board. I'm an outsider. That implies a certain kind of separation ... because the company can't, without an appropriate nondisclosure and trading rules, share confidential data with me that it would not share with any other shareholder. You could say that implies a certain kind of separation.
It is not possible to starve an organised terrorist group because it is number one a state, so it levies taxation inside the territory that is controlled by Islamic State. But also the activity, for example the smuggling of oil, is taking place in an area which is a war zone. So of course people will buy that oil because they don't have any alternative. So even if we wanted to stop that kind of trade, it will be very, very difficult to do that.
Federal authorities have informed Martha Stewart's lawyers she will be indicted for her role in the ImClone insider trading scandal. Good news for Martha - stripes are back in this year.
The aggressive use of wiretaps is important: It shows that we are targeting white-collar insider-trading rings with the same powerful investigative tools that have worked so successfully against the mob and drug cartels.
My only boss was the clock on the wall and my only friend, never really was a friend at all. I've traded love for pennies, sold my soul for less. Lost my ideas in that long tunnel of time. And I've turned inside out and around about and back and then found myself right back where I started again
I am troubled... that someone would sell a book, trading on their former service as a government insider with access to our nation's most valuable intelligence, in order to profit from the suffering that this nation endured on September 11, 2001.
Here I am, wasting away inside a book I wish I could escape, and all she wants to do is stay in the story. If I could talk to this girl Delilah, I’d ask her why on earth she would ever trade a single second of the world she’s in for the one in which I’m stuck
What if there were no grownups? Suppose the whole idea of grownups was an illusion? What if their money was really just playground marbles, their business deals no more than baseball-card trades, their wars only games of guns in the park? What if they were all still snotty-nosed kids inside their suits and dresses? Christ, that couldn't be, could it? It was too horrible to think about.
Gossip is certainly one of the things that language is useful for, because it's always handy to know who needs a favor, who can offer a favor, who's available, who's under the protection of a jealous spouse. And being the first to get a piece of gossip is like engaging in insider trading: You can capitalize on an opportunity before anyone else can.