Re: I Think I Have A Partial Answer
the terrorist example is vague enough where it might not be insider trading, but it is definitely unethical. whether it fits strictly under insider trading or not, i guess you might have a legal bone to pick, but there is no question that acting on this information is wrong. there is no rule that you are free from getting in trouble of insider information even if your inside information is bad... i'd say if you got a tip from a CEO but he turned out to actually be wrong (or lied to you), you'd definitely still be guilty of insider trading because your intent was to trade on information you knew was nonpublic.
hot nurse by the way david!
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12-02-2007, 03:39 AM
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