2007-01-03 08:02:38 · 10 answers · asked by Darth Vader 6 in Politics & Government ➔ Politics
I believe it is because Insider trading is buying or selling a security while having material, nonpublic information about the security, in breach of a fiduciary duty or other relationship of trust and confidence.
2007-01-03 08:04:26 · answer #1 · answered by Feeling Mutual 7 · 2⤊ 1⤋
If it isn't, it should be.
Same thing with investing in domestic oil production and starting a war to disrupt the supply elsewhere, driving the price up.
2007-01-03 08:06:24 · answer #2 · answered by sprcpt 6 · 2⤊ 1⤋
No.
Insider trading
"Insider trading" is buying or selling a security while having material, nonpublic information about the security, in breach of a fiduciary duty or other relationship of trust and confidence. Insider trading may also include "tipping" such information, securities trading by the person "tipped," and securities trading by persons who misappropriate such information. Insider trading is a felony, and the SEC can levy large civil penalties for violations.
http://cobrands.business.findlaw.com/banking_financing/source/business_events/be22_8glossary.html
2007-01-03 08:06:51 · answer #3 · answered by r1b1c* 7 · 1⤊ 4⤋
See, what you do is you do it for your relatives, who in turn kick the benefit back to you.
For example, let's just say your dad works for the largest arms dealer in the world, the Carlysle Group. Then, let's say you declare war on two countries and Carlysle has a bonanza.
Your dad makes a fortune, then you inherit the fortune along with your two brothers.
Hey, wait a minute, 41 works for Carlysle Group and 43 sent us to war. Hmmmmmmm.......
......
2007-01-03 08:06:41 · answer #4 · answered by Murphy 3 · 4⤊ 2⤋
No, he would have to invest, ask congress to purchase and then ask congress for permission to declare war. You need a course in economics and politics.
2007-01-03 08:05:43 · answer #5 · answered by Anonymous · 1⤊ 2⤋
No. Possibly a conflict of interest, but without more information, couldn't say.
2007-01-03 08:15:43 · answer #6 · answered by ? 7 · 2⤊ 1⤋
Self-fulfilling prophecies for fun and profit!
2007-01-03 08:08:14 · answer #7 · answered by Anonymous · 3⤊ 1⤋
for me it is
and even more because he risks people lives just for investing his money
2007-01-03 08:06:08 · answer #8 · answered by HuMaN being 2 · 2⤊ 1⤋
It would be a war crime,,,,for sure and Do you know that as a fact?
2007-01-03 08:05:19 · answer #9 · answered by Gypsy Gal 6 · 2⤊ 2⤋
why do you hate america?
2007-01-03 08:04:51 · answer #10 · answered by bush deathgrip 2 · 1⤊ 5⤋