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SEC Investigating Insider Trading of Apple Stock
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So Steve deserves an organ over a 15 year old kid who's been waiting years longer because he contributes more to society?
Wrong
I don't see anything in his post about a wealthy individual with their own private jet and money to live out of state near the medical facility of their choice that has a stellar reputation for its work in organ transplant relates to it being "socialist". Maybe Ted Kennedy-esk... as in the tragic death of John Kennedy, Jr., his wife and her sister in that aircraft accident and that when the bodies were found....
"John F. Kennedy Jr.'s uncle, Sen. Edward Kennedy, was taken to the recovery scene at sea. He left the Kennedy family compound in Hyannisport, on Cape Cod, aboard a Coast Guard helicopter that took him to Martha's Vineyard. The senator completed the journey aboard a Coast Guard vessel."
(http://www.cnn.com/US/9907/21/kennedy.plane.06/)
How many here on this board call where they live, a "compound"? But I digress...
You think you or I would have such use of government aircraft and vessel if we lost our family members in a similar tragic aircraft accident at sea? Plus I recall that when their ashes were scattered from the destroyer USS Briscoe off the coast of Martha's Vineyard, a big uproar was heard from those families that have been waiting and waiting for their loved ones who served in the navy and were waiting to be honored by having their ashes scattered at their burial at sea from the USS Briscoe, but were quickly bypassed by the Kennedy clan! The usual privilege crowd.
I think the person contained in his avatar answers your question of which one is the joke! Although, I disagree with that avatar. I think the word "Socialist" should be replaced with Fascist!
As defined here, it's a perfect fit regarding what these dolts in Washington have been doing!
"A political regime, usually totalitarian, ideologically based on centralized government, government control of business, repression of criticism or opposition, a leader cult and exalting the state and/or religion above individual rights." (http://en.wiktionary.org/wiki/fascism)
or as defined here...
"a governmental system led by a dictator having complete power, forcibly suppressing opposition and criticism, regimenting all industry, commerce, etc., and emphasizing an aggressive nationalism and often racism." (http://dictionary.reference.com/browse/fascism)
That's how I see it, but regarding the article at hand...
Regarding insider trading, if true, perp walk time!
SEC Picks Their Battles Carefully....
1) Hank Paulson, ex CEO of Goldman Sachs - becomes Secretary of the Treasurey under Bush
2) In late 2008 asks for $700B "TARP" money and requests that no questions be asked about how the money is spent, that he be free from any prosecution, and that congress/senate approve TARP IMMEDIATELY...or the world as we know it will be destroyed!!!!
3) He gets his $700B to bail out AIG, Goldman Sachs, and other financial scumbag companies that are "too big to fail"....
4) Nobody knows how or where the first $350B went
5) Paulson disappears...mission accomplished
6) Summer of 2009 - during worst recession in decades Goldman Sachs posts record earnings and pays out bonuses to over 20,000 employees with the an "average" payout of $600K per each of those 20,000.
7) SEC does nothing and Paulson's obvious conflict of interest in raiding the U.S. Treasurey to help his cronies goes uncontested
And now, that glorious watchdog group, the SEC, is investigating "insider trading" of Apple stock?
Way to go SEC...way to protect America from corporate crooks.....
1) Hank Paulson, ex CEO of Goldman Sachs - becomes Secretary of the Treasurey under Bush
2) In late 2008 asks for $700B "TARP" money and requests that no questions be asked about how the money is spent, that he be free from any prosecution, and that congress/senate approve TARP IMMEDIATELY...or the world as we know it will be destroyed!!!!
3) He gets his $700B to bail out AIG, Goldman Sachs, and other financial scumbag companies that are "too big to fail"....
4) Nobody knows how or where the first $350B went
5) Paulson disappears...mission accomplished
6) Summer of 2009 - during worst recession in decades Goldman Sachs posts record earnings and pays out bonuses to over 20,000 employees with the an "average" payout of $600K per each of those 20,000.
7) SEC does nothing and Paulson's obvious conflict of interest in raiding the U.S. Treasurey to help his cronies goes uncontested
And now, that glorious watchdog group, the SEC, is investigating "insider trading" of Apple stock?
Way to go SEC...way to protect America from corporate crooks.....
Accurate Reporting (?)
Aw, man! MadCow, you totally stole my thunder. I was going to post something like "The Huffington Post? It MUST be true!"
There's no point now. *sniffle* I hope your Snow Leopard doesn't install properly!
Aw, man! MadCow, you totally stole my thunder. I was going to post something like "The Huffington Post? It MUST be true!"
There's no point now. *sniffle* I hope your Snow Leopard doesn't install properly!
And the answer to your question is...
Both.
This is an IT blog, not a political site. By the way, Obama is not a socialist and not a fascist. But he is using several Apple products. He is a Mac, if you like. Get used to it!
Both.
This is an IT blog, not a political site. By the way, Obama is not a socialist and not a fascist. But he is using several Apple products. He is a Mac, if you like. Get used to it!
Money in the form of donations can make those in a certain position see otherwise
I get the feeling that a lot of people throw around the term "socialism" or "socialist" without actually knowing what it means. There really isn't a single overarching form of socialism, either. It's not an all-or-nothing, black and white economic system. There are Social Democrats, Libertarian Socialists, etc. There are the kinds, for example, that believe in selective nationalization of specific industries (such as healthcare), while maintaining a healthy level of privatization.
People hear Socialism is "bad", then some part-time armchair scholar who sold out long ago (i.e., Zbigniew Brzezinski) is interviewed by CNN, and tells people it's un-American or some such nonsense, and then we get this twisted, blind, pseudo-acceptable kind of modern McCarthyism.
People hear Socialism is "bad", then some part-time armchair scholar who sold out long ago (i.e., Zbigniew Brzezinski) is interviewed by CNN, and tells people it's un-American or some such nonsense, and then we get this twisted, blind, pseudo-acceptable kind of modern McCarthyism.
It is hard to bring someone accused of insider trading to justice. It requires a wealth of evidence to suspect irregular buying & selling patterns based on inside information.
They say in the world of trading, you have to be a total moron to get done for insider trading. It is not at all common, sadly, and many do get away with it. The trick is not to buy at a ''right angle'', but over a period of time.
I'd be surprised if SEC can bring charges. Apple products are the subject of so much speculation, in both industry & media.
They say in the world of trading, you have to be a total moron to get done for insider trading. It is not at all common, sadly, and many do get away with it. The trick is not to buy at a ''right angle'', but over a period of time.
I'd be surprised if SEC can bring charges. Apple products are the subject of so much speculation, in both industry & media.
All a person needs to do is R E A D. Many sites report on rumors about Apple's new products. If I had money to invest, I would buy - WOULD HAVE BOUGHT - Apple stock because it was down below $90 and is now $170. $78.20 on January 20, 2009 is the lowest in the past year (15 months).
Buy low - sell high!
Buy low - sell high!
What an ignoramus
Jealous of someone with wealth and power?
My granddaddy used to say, "If you're so smart, why ain't you rich?"
Jealous of someone with wealth and power?
My granddaddy used to say, "If you're so smart, why ain't you rich?"