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by baddox 3889 days ago
Why does borrowing money in any way diminish the positive effect of making the stock price more reliable?

And how does the incentive to lie to other traders apply only to insider trading? It seems like that would always apply to all trading.
1 comments
Natanael_L 3889 days ago
Like I replied to another comment, should judges be allowed to trade on information about judgements he has yet to deliver?
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baddox 3889 days ago
I don't think so, but I think that could be handled on the side of the court, not the side of the exchange. It could certainly be illegal, or at least a disbarrable offense, for a judge to use his or her knowledge for personal gain. Likewise, many of the most flagrant examples of insider trading could be covered under trade secret or contract law, like a CEO shorting his or her company then purposefully sabotaging it.
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giaour 3889 days ago
That sounds like a question for a professional ethics board. I would assume a judge caught doing that would be sacked, disbarred, and publicly shamed, even if everything he did was strictly legal.

"Wrong" doesn't automatically mean "criminal."

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