someone from the FDA did tip him off, obviously. how else would he know before the decision was announced? and no, she shouldnt go to jail if her stockbroker, who she pays for advice, calls presumably unsolicited and says "sell". you're supposed to just take a. bath? thats dumb, and a far...
It starts on Wikipedia I guess. Fuck me, you're smug.
According to the U.S. Securities and Exchange Commission (SEC), Stewart avoided a loss of $45,673 by selling all 3,928 shares of her ImClone Systems stock on December 27, 2001, after receiving material, nonpublic information from Peter...
take the Martha Stewart case. A stockbroker friend let her know the CEO of a pharmaceutical company had just dumped all his stock in the company, so she sold hers. Soon after the FDA rejected a cancer drug the company was making. Obviously someone from the FDA (the US govt) tipped off the...
A reminder to those browsing without an account, it's quick and easy to Register Here. Come and join the fun!
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.