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Reply #15: The Ultimate Insider Traders [View All]

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Home » Discuss » Archives » General Discussion (01/01/06 through 01/22/2007) Donate to DU
AndyTiedye Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Feb-17-06 03:49 PM
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15. The Ultimate Insider Traders
One does not have to be doing anything wrong or illegal to have something to hide.

Every Businessman Has Plenty to Hide -- From His Competitors
They need to control the release of financial data to comply with the law and prevent insider trading.

Those who have access to NSA information become the ultimate insider traders --
they have EVERYBODY'S confidential information.
That information is worth BILLIONS if used to time market activity, or if sold to an interested party.

Can anybody doubt that they are using this information in this way?

I am sure it is being used for political purposes as well, but the freeps won't mind that, because it isn't being used against them.

Freeps who are in business have reason to worry though, regardless of their politics.
If they are so well-connected as to actually get info from the NSA, they are not freeps, they're part of the regime.
So most of them aren't getting the inside dope, but now they know that somebody is. If their competitors always seem
to be one step ahead of them, they may start to wonder why.

We need to pursue that angle as we attack them on snoopergate.


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