For the record, you guys at McDowell Laybourne & Rodemer, whoever you hired is only making you look foolish. Do you really want to have stuff as asinine as this done in your name? You’re not only outsourcing your ethics, you’re outsourcing your reputation — to apparent idiots.

For the record, you guys at McDowell Laybourne & Rodemer, whoever you hired is only making you look foolish. Do you really want to have stuff as asinine as this done in your name? You’re not only outsourcing your ethics, you’re outsourcing your reputation — to apparent idiots.

I don’t buy it. The market price will more closely resemble the real price, and there will be more confidence not less.

I’ve never understood how people who understand the market, and the power of many compound interest over time, cannot understand the power of compound transactions over time. Any transaction either builds trust, or erodes it-none are neutral. If insider trading becomes widespread, non-insiders will take their money and go home. And when you realize that your wealth, (if you’re in finance) is built on the accumulated wealth of everyone who lets you hold their money and play with it, perhaps it becomes more obvious what will happen if you don’t get to do that anymore, because no one trusts the system you inhabit to be fair to them.

Just a thought.

You post was written in Dec, 09 this was a very recent article so maybe they have a new CA or the old CA figured out what was happening.

That doesn’t mean that a power law applies here, as it does in so many cases, but it’s a likely and simpler explanation. Though sadly it remains an untestable hypothesis, as the guy was executed long ago.