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Re: rwwine post# 111336

Thursday, 12/23/2010 8:45:26 AM

Thursday, December 23, 2010 8:45:26 AM

Post# of 257262
i'm no lawyer but..

every company is required to notify the public of material events. it would be illegal to selectively notify someone (e.g UBS) and not the public of something material. however, banks are privy to inside information all the time as they broker deals - but they must not leak this to enable anyone to act on the information, and they of course cannot act on the information themselves (which is what i was getting at in my prior post)

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