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by exHFguy1
2812 days ago
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Finance people don’t think this type of behavior is OK either despite the ridiculous views of some people here. BTW, I could similarly make ridiculous statements about technologists or scientists. I’ve worked number of places and can’t think of a single person out of hundreds that would think this behavior is OK. |
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The defense on this issue is pretty clear cut, raising the price is not illegal. If there is something illegal, then it should be in a regulation somewhere.
If he is doing something the market is open to, then it’s not a problem and he is doing a service by forcing the market or regulators to respond.
Maybe he was a douche about it, but that’s a stylistic issue, not a practical one.
He did get dinged for securities fraud, not price gouging as I recall.