Joe Lewis and insider trading

[Reece_Spurs]

Can anyone explain to me like I'm 5 what he's actually done?

 

[Yiddo100]

Can anyone explain to me like I'm 5 what he's actually done?

He’s been a bad boy

 

[Danfunkel]

16 Oct 2022

Cessation of Joseph Charles Lewis as a person with significant control on 5 October 2022

That was well timed….

 

[yido_number1]

So how do we rank now compared the oil clubs and other scumb bag owners? Are we still the ethical white knights or in the bin with the rest of them

 

[TheChosenOne]

we've got our very own Pirate of the Caribbean

Cue the puns

The Jolly Rogerer

 

[ginola99]

COYS, Daniel.

More like unconnected with the over inflated value of the club.

 

[kursaal]

At last Old Joe must pay for a top defence.

 

[Stamford]

Can people stop playing the good morals card now whenever changing ownership comes up. Because these lot are awful people.

 

[SirHarryHotspur]

Not sure this is going to put off players joining the club, plenty of clubs with dubious owners have no problem in attracting players, pay them and they will come.

 

[spursfan77]

16 Oct 2022

Cessation of Joseph Charles Lewis as a person with significant control on 5 October 2022

It’s quite amusing on social media how many of the yellow & purple bellends don’t know who actually owns the club. No surprise really I guess.

 

[mmidgers]

Can people stop playing the good morals card now whenever changing ownership comes up. Because these lot are awful people.

As much as I want the enic and levy gone, who have they killed, maimed or are committing genocide against?

 

[SirHarryHotspur]

It’s quite amusing on social media how many of the yellow & purple bellends don’t know who actually owns the club. No surprise really I guess.

That's right the two people with significant control of Tottenham Hotspur Ltd are
Mr Bryan Antoine Glinton and Mrs Katie Louise Booth

Isn't Lewis's daughter the person in charge now behind these names.

 

[Danfunkel]

It’s quite amusing on social media how many of the yellow & purple bellends don’t know who actually owns the club. No surprise really I guess.

They’re highly unlikely to be trolling through Companies House on a regular basis tbf. In any case, it’s Levy who’s the face of Tottenham, that’s all that matters to most.

 

[RuskyM]

Can people stop playing the good morals card now whenever changing ownership comes up. Because these lot are awful people.

Everything in the world is exactly the same. Insider trading is the same as starving and torturing and murdering people. This is why there’s no debate over sentences; everyone who does any crime goes away for the same amount of time.

 

[Johnny J]

Can anyone explain to me like I'm 5 what he's actually done?

Gave insider info to friends and acquaintances that they used to make money on the stock market.

From BBC:

"We allege that, for years, Joe Lewis abused his access to corporate board rooms and repeatedly provided inside information to his romantic partners, his personal assistants, his private pilots, and his friends," Mr Williams said in the video. Mr Williams, the chief federal law enforcement officer for the SDNY, alleged that Mr Lewis's acquaintances used that information to make millions of dollars in the stock market.

 

[Entomologist]

It’s meant to be a level playing field for us small people but insider trading is the norm in the City

 

[Tucker]

Can people stop playing the good morals card now whenever changing ownership comes up. Because these lot are awful people.

Yes, because insider trading is just as bad as having a critical journalist bludgeoned to death and dismembered with fucking bone saws.

Lewis is a greedy old ****, but he’s not a butchering despot.

 

[PCozzie]

Just one d....

Oh, nevermind.

 

[tony0379]

Will the court case be streamed live on Spursplay?

 

[Rocksuperstar]

The definition of what information you can use and what information you can't use to make millions off of your millions is a very fine line. If they've got evidence he'll get a huge fine and someone he employs will be fired... possibly from a cannon, into the sun.

Most of the time these things come up because one bajillionaire is salty that another bajillionaire got slightly richer. The insider trading regulations are so loosely applied and lawyers have spent generations finding ways to circumvent them, but the rich are rich because that's what they do - they commit their careers to just staying rich/getting richer.