To: Ditto
"If she were just some wealthy housewife playing the market who was unaware of the law, I'd say to cut her some slack and lay it all on the broker."Ah, the "housewife" exclusion to the insider trading statutes. Great idea, Ditto! I think I'll become a "housewife" (I can now do that in San Francisco) and then embark on a lucrative career as an inside trader. Can't wait to get started!
To: Bonaparte
I think I'll become a "housewife" (I can now do that in San Francisco) and then embark on a lucrative career as an inside trader. Can't wait to get started! LOL. Make lots of money and fancy cookies too? Want to get married? ;~))
I think the point is that the broker would have never told the wealthy housewife. Martha is an insider. That's why she got tiped.
50 posted on
03/05/2004 2:49:32 PM PST by
Ditto
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