Posted on 11/17/2008 9:07:23 AM PST by OL Hickory
****UPDATE**** SEC Charges Mark Cuban With Insider Trading
The Securities and Exchange Commission filed insider trading charges against Mark Cuban, the outspoken owner of the Dallas Mavericks, for allegedly dumping shares in Mamma.com upon learning it was raising money in a private offering....
http://online.wsj.com/article/SB122693827604333637.html
(Excerpt) Read more at online.wsj.com ...
Almost as poor judgment as his decision to hire Dan Rather.
It seeks to add transparency to where the $700 billion of bailout money is going.
Don't mess with government Mark...they will come after you.
Can we add a charge of bad sports ownership?
To Cuban, the $750,000 loss he avoided is chump change. To me, that is a lifetime of saving for retirement. He did not just cheat the market, he cheated a particular buyer (or buyers). He deserves jail.
Basketball fans outside of Dallas are cheering.
And bad film producing?
interesting, thanx
Couldn’t happen to a nicer jackass.
what happened to innocent till proven guilty?
nufsed
We’re just have some fun with the little billionaire. Relax.
Cuban wants to purchase the Chicago Cubs. Without a history of shady dealings on his resume’ Chicago won’t even consider him as a potential owner.
Couldn’t happen to a bigger over bloated ego.
I want to hire that sketch artist.
Gee, he will pay a fine, get some bad press, blame Bush and that will be it. Meanwhile he will pocket millions.
could not have happened to a better POS cry baby than this clown...
I can't say what I think about a guy like Cuban on a public forum.
I believe MLB already denied him a shot at buying the Cubs. I can’t stand this idiot, so (as a Cubs fan) I was happy to hear it.
Ah, the silver linings are starting to emerge. It’s a great day to be an American!
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