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MarcosElMalo2
Patrick Boyle
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Comments by "MarcosElMalo2" (@MarcosElMalo2) on "The Five Biggest Insider Trading Scandals" video.
@davidc4408 1) Markets respond positively to cost cutting. 2) Insiders themselves aren’t going to short their own companies, considering that they have to disclose their trades. Someone with information from an insider might short a stock, but not the insider himself. It’s time to remove Robin Hood from your phone before you hurt yourself, shorty.
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She got caught up in the investigation of the bigger fish, but she was too high profile to ignore. She was convicted of obstruction of justice, not insider trading, because she lied to investigators. If she hadn’t lied, she would have had a very good chance of avoiding prosecution entirely or prevailing in court. But she was dumb to make the trade in the first place, because she’s worth a frikkin billion dollars.
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