- Joined
- Feb 17, 2009
- Messages
- 13,736
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The inside scoop is that insider trading still exists — it's just much more sophisticated. There's still plenty of fear out there. Most people have a friend or a friend of a friend who got pinched. The memories of sniffing dogs and perp walks aren't lost on anyone, but sometimes the temptation is too great. Inside the mind of an insider trader — they just have to do it better.
There are still plenty who continue to try and cheat the system. And it primarily seems to be based on the fact that the largest firms with the highest returns are a magnet for institutional money. Guys want that money. And there's no shortage of fund managers who are willing to cut corners to be part of that fraternity.
http://www.cnbc.com/2016/02/26/does-insider-trading-still-exist-yes-1000-percent-commentary.html
There are still plenty who continue to try and cheat the system. And it primarily seems to be based on the fact that the largest firms with the highest returns are a magnet for institutional money. Guys want that money. And there's no shortage of fund managers who are willing to cut corners to be part of that fraternity.
http://www.cnbc.com/2016/02/26/does-insider-trading-still-exist-yes-1000-percent-commentary.html