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Giant_Aspirin 03/14/18 1:15:43 PM #1: |
for dumping nearly $1 million in stock ahead of data breach
https://www.cnbc.com/2018/03/14/former-equifax-executive-charged-with-insider-trading-ahead-of-data-breach.html GOOD --- Playing: Shadow of the Colossus (PS4), Owlboy (PC) (~);} - Get out the pans, don't just stand there dreamin' - {;(~) ... Copied to Clipboard!
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Anarchy_Juiblex 03/14/18 1:16:50 PM #2: |
Giant_Aspirin posted...
for dumping nearly $1 million in stock So they'll fine him $500k or some shit. --- "Tolerance of intolerance is cowardice." ~ Ayaan Hirsi Ali ... Copied to Clipboard!
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Giant_Aspirin 03/14/18 1:18:57 PM #3: |
Anarchy_Juiblex posted...
Giant_Aspirin posted...for dumping nearly $1 million in stock I didn't see anything in the article about possible punishments if he is convicted. but i did see this Because of the trades, Ying was able to avoid $117,000 in losses, the SEC said Wednesday. --- Playing: Shadow of the Colossus (PS4), Owlboy (PC) (~);} - Get out the pans, don't just stand there dreamin' - {;(~) ... Copied to Clipboard!
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Darkman124 03/14/18 1:20:41 PM #4: |
yeah i would hope the punishment exceeds whatever losses he avoided several times over
--- And when the hourglass has run out, eternity asks you about only one thing: whether you have lived in despair or not. ... Copied to Clipboard!
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Anarchy_Juiblex 03/14/18 1:21:13 PM #5: |
Independent of the actual numbers, my point is the fines are always pathetically weak and never discourage this shit, often being less than what they profited. (Not a verified fact.)
--- "Tolerance of intolerance is cowardice." ~ Ayaan Hirsi Ali ... Copied to Clipboard!
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Giant_Aspirin 03/14/18 1:22:23 PM #6: |
Anarchy_Juiblex posted...
Independent of the actual numbers, my point is the fines are always pathetically weak and never discourage this shit, often being less than what they profited. (Not a verified fact.) i completely agree. it's even more laughable when a company like Wells Fargo gets caught laundering money for mexican drug cartels and is fined like 0.001% of their annual profits. --- Playing: Shadow of the Colossus (PS4), Owlboy (PC) (~);} - Get out the pans, don't just stand there dreamin' - {;(~) ... Copied to Clipboard!
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