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OT - Cuban charged with insider trading

Posted: Mon Nov 17, 2008 5:11 pm
by rayfantastic

Re: OT - Cuban charged with insider trading

Posted: Mon Nov 17, 2008 5:14 pm
by MaxRider
Lots of people do it. It's like speeding, you just don't get caught often. We don't care about him anyway.

Re: OT - Cuban charged with insider trading

Posted: Mon Nov 17, 2008 7:24 pm
by HTown_TMac
If you know something is going to happen, you move your stuff...

Oh and its Cuban so who cares?

Re: OT - Cuban charged with insider trading

Posted: Mon Nov 17, 2008 10:47 pm
by rocketworld
if he did this...who knows...maybe he did bribe the refs

Re: OT - Cuban charged with insider trading

Posted: Tue Nov 18, 2008 1:15 am
by jove9
I hope he gets prison time like Martha Stewart did.

Re: OT - Cuban charged with insider trading

Posted: Wed Nov 19, 2008 11:42 pm
by moofs
From reading through Cuban's blog comments and posted defense, I highly doubt he did anything illegal. It's a civil action, so jail time doesn't look forthcoming either (Stewart's jail came from something else). It looks like he should get off without much problem, but given that the SEC is somewhat like the IRS and several other funfun government agencies where the factual event doesn't necessarily matter in the effective outcome, there's really no telling yet.

What confuses me is how this seems to be a publicity case, but I'm sure that most of the people to whom it should apply are aware enough to realize that (assuming I'm correct). If that's the case, either it's a deterrent because they know other things would come to light, or ... Dunno, something seems a little off here.

Re: OT - Cuban charged with insider trading

Posted: Thu Nov 20, 2008 12:45 am
by jove9
Or.... Stern's got friends in high places? :dontknow:

No?

Anyone?

Ok. Maybe not.

Carry on.
:oops: