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Thursday, October 24, 2013 10:05:22 AM
As the U.S. Attorney for the Southern District of New York stated recently:
"In recent times, for example, we have pursued significant investigations and prosecutions of insider trading. Insider trading saps market confidence, cheats average investors, and victimizes the companies whose secret information is so often stolen in the scheme. As Southern District of New York Judge Richard J. Sullivan said recently upon imposing a sentence on an insider trading defendant: “I think this is a crime that does damage to the national economy and does damage that is pretty considerable, and that is the reason why the penalties are pretty high for this crime.”"
Always better to play by the rules than risk loss of livelihood, fines, and prison for a few dollars. Not worth it imo. Injures too many innocent people for reasons of personal greed. Poor risk/reward decision imo, but greed does blind people.
GTGP
"Despise the enemy strategically, but take him seriously tactically."
Mao Tse-Tung
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