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This sounds like insider trading, not conspiracy against Bear-Stearns
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Topic: This sounds like insider trading, not conspiracy against Bear-Stearns (Read 210 times)
Atash Hagmahani
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Posts: 8929
Learning from my mistakes since 1964
This sounds like insider trading, not conspiracy against Bear-Stearns
«
on:
August 13, 2008, 11:20:03 PM »
http://www.independent.co.uk/news/business/news/bear-bet-that-netted-163141m-throws-fresh-suspicion-on-collapse-891622.html
"Creative" re-interpretations of known facts is called "spin". Interesting that someone made 141 million pounds, but that just means someone had insider information of when the announcement would be made. The nature of options is such that they do not impact stock price!!! In order to impact reputation they would have had to have been publicized BEFORE now.
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This sounds like insider trading, not conspiracy against Bear-Stearns
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