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akozak
2673 days ago
Insider trading would be bad and illegal. But absent evidence that it's happening, I think his point is that merely having a stake by holding securities isn't inherently problematic.
2 comments
casefields
2673 days ago
The biggest risk if they were doing it is if anyone whistle blows on them that person can get a fat reward:
https://www.sec.gov/whistleblower
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lordnacho
2673 days ago
Well then McKinsey should just say which firms they have positions in, and everyone can be satisfied that there's no problem?
link
solveit
2673 days ago
McKinsey should do nothing because responding to a non-story is terrible PR.
link