85. All Top Executives Have Large Personal Holdings of Company Stock
A large part of their personal net worth was wiped out.
To say that financial executves do not take risks is ridiculous -- all speculators do and sometimes they get burned. It is the nature of the beast.
Executive stock holdings are public information. Shorting your own company's stock is likely to result in trouble with the shareholders and with the SEC. Do you have any information about Wall Street executives having short positions, or is this simply something you would like to believe?
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