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         Insider Trading Crime:     more detail
  1. Trading Secrets: An Insider's Account Of The Scandal At The Wall Street Journal by R. Foster Winans, 1986-08-15
  2. Casino Capitalism?: Insider Trading in Australia (Australian Studies in Law, Crime, and Justice) by Roman Tomasic, Brendan Pentony, 1991-12
  3. Preventing insider trading: What your company can learn from the Martha Stewart case: An article from: Directorship by Bruce Brumberg, 2004-03-31
  4. Corporate crime: Are tougher regulations and sentences needed? (CQ researcher, 1036-2036) by Kenneth Jost, 2002
  5. Den of Thieves by James B. Stewart, 1991-11-01
  6. Inside Out by D. Levine, 1991-09-25
  7. Boardroom Conspiracies: A Courtroom Drama by Frank W. Swacker, 2005-10-30
  8. Confessions of a Wall Street Analyst: A True Story of Inside Information and Corruption in the Stock Market by Daniel Reingold, Jennifer Reingold, 2006-02-01

61. Lying Should Be A Crime For All
Some advance knowledge would allow for some profitable insider trading on the So how can it be a crime to state that you believe that you re innocent?
http://www.custerguide.com/quillen/eqcols/20041258.htm

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Lying Should Be A Crime For All Do not count me among the fans of Martha Stewart. My idea of interior decorating consists of trying to find places to put computer cables where they're unlikely to be tripped over, and when Martha Quillen says that a room needs new paint or wallpaper, I look desperately for some work that will take me out of town for the duration. But in the general scheme of things, the Martha Stewart phenomenon seemed harmless. If people want to pay $50 a gallon for paint of a certain hue, or spend too many hours contriving fancy food for a dinner party, how is that hurting anybody? It isn't as though she was promoting the more destructive aspects of conspicuous consumption, like tank-sized spewts or 5,000-square-foot mountain mansions that are occupied only three weeks a year. However, she is now on trial. Stewart owned stock in ImClone, a pharmaceutical company founded by a friend of hers, Samuel Waksal. ImClone was developing a cancer drug, Erbitux, which was under review by the Food and Drug Administration. If the FDA had approved Erbitux, then presumably ImClone stock would go up in price. And without approval, ImClone would go down. Some advance knowledge would allow for some profitable "insider trading" on the stock market.

62. Insider Trading Conviction Leads To Interim Suspension
insider trading conviction leads to interim suspension Wittenberg $10000 and ordered him to give speeches to other attorneys, explaining his crime.
http://calbar.ca.gov/calbar/2cbj/02feb/page25-1.htm
OFFICIAL PUBLICATION OF THE STATE BAR OF CALIFORNIA - FEBRUARY 2002 REGULARS Front Page - February 2002 News / News Briefs Nominations open for 2002 bar board race Private arbitrator comment sought VIP offers MCLE at free mentor conference MCLE deadline for Group 3 [last names N-Z] passes ... Trials Digest Opinion From the President - A cautious solution to the MJP issue Working gradual, worthwhile change Microsoft settlement fails California Letters to the Editor MCLE Self-Study The Internet even affects your ethics Self-Assessment Test MCLE Calendar of Events You Need to Know ... News in brief Discipline Ethics Byte - Doing the right thing can trump no-contact rule Insider trading conviction leads to interim suspension Attorney Discipline DISCIPLINE Insider trading conviction leads to interim suspension A prominent northern California patent attorney who pleaded guilty to insider trading last year was placed on interim suspension by the State Bar Nov. 30. MALCOLM WITTENBERG [#73842], 55, of San Francisco

63. The National Interest: 10 July  2005  - Insider Trading
all accept that insider trading goes on and that it is not a serious crime. Well on the phone to talk about insider trading, both its prevalence and
http://www.abc.net.au/rn/talks/natint/stories/s1410799.htm

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Insider Trading
Sunday 10 July 2005
Topic Melbourne businessman Steve Vizard has admitted breaching the Corporations Act by exploiting priveleged information that he obtained as a Director of Telstra to trade on the stock market. So how widespread is insider trading? Program Transcript Terry Lane: Ian Ramsay: Good afternoon, Terry. Terry Lane: Now what do you think about Mr Bracks and his enthusiastic character reference for Mr Vizard before the case has even been heard? Ian Ramsay: Well I think probably those who do comment upon the merits of the case against Steve Vizard do need to be cautious, because clearly it won’t be until 21 July, in other words, later this month, that evidence is brought forward both by the Securities Commission and also by Steve Vizard’s lawyer in relation to what penalties should be imposed. Terry Lane: We should point out not only Mr Bracks, but the Opposition leader, Mr Doyle, the Liberal party luminary Mr Walker, much fawned upon by the Bracks government, they’ve all had nothing but good to say about Mr Vizard, which suggests that they do not think that what he has done is a serious crime. Ian Ramsay: Well I’m not sure, Terry. It might be that what they’re really saying is that in their public dealings with him, and of course Steve Vizard has served on a number of charitable boards and public organisations such as the Art Gallery in Melbourne, and other various public activities that he’s undertaken, that they’ve had satisfactory or very positive dealings with him in that respect. But of course what the evidence now shows that in his private dealings, there was really quite a massive misuse of trust placed in him as a director of Telstra, he misused confidential information that he received as a director of possibly our most prominent company, to really engage in share trading and with a view to profit.

64. SF Bay Area Crime. Fraud Timeline, 21st Century
Timeline of the crime, Fraud stories from different sources linked to the news articles and 14, San Francisco, Exexecutive charged with insider trading
http://www.mapreport.com/na/west/ba/news/subtopics/c/b.html
World News Atlas San Francisco Bay Area Crime Fraud Homes for Sale in Concord, CA Bay Area Fraud Timeline Thursday, September 22 Author To sell or purchase a home in the San Francisco Bay Area click here Search Bay Area News Atlas: See Map of 21st Century Fraud Events
Summary. Click for More > Sep. 9 San Jose
lk(3, "http://cbs5.com/local/local_story_252153453.html", "", "b"); Couple Pleads Guilty In Chili Finger Scam The Las Vegas couple, Anna Ayala, 39, and her husband Jaime Placencia, 43, pleaded guilty to all charges See Finger Case Timeline Aug. 4 San Francisco lk(4, "http://cbs5.com/local/local_story_216152917.html", "", ""); Bribery Arrest at Building Inspection Dept. FBI and DA Office raided Department of Building Inspection and arrested a manager Augustine Fallay Jul. 29 San Francisco lk6("news/072905_nw_serra", "a"); Attorney Sentenced For Tax Evasion Jun. 14 San Jose City Hall lk(5, "news/061305_nw_gonzales", "a", "b"); Investigation Probes Mayor's Trash Deal The County report detailing alleged misrepresentation by Ron Gonzales in the signing of a contract Jun. 12

65. Insider Trading --  Britannica Concise Encyclopedia - Your Gateway To All Brit
insider trading body Illegal use of insider information for profit in financial ranging from insider trading to banking collapse to organized crime.
http://concise.britannica.com/ebc/article?tocId=9368016

66. The Record - The Independent Weekly Newspaper At Harvard Law School
Martha Stewart s real crime, , The Record, a newspaper of Harvard Law School. She was not charged with insider trading. If you believe the government s
http://www.hlrecord.org/news/2004/02/05/Opinion/Martha.Stewarts.Real.Crime-59923
document.write(''+''); The Record Extras: Student Resources Scholarships Movies Travel ... GradZone Current Issue: document.write(currentissuedayname + ', ' + currentissuemonthname + ' ' + currentissueday + ', ' + currentissueyear);
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Opinion Etc. Cambridge Guide ... HL Central showNetworkBanner(1); var story_id = 599238; Home Opinion
Martha Stewart's real crime
By Frederick Pollock Published: Thursday, February 5, 2004
What does this story demonstrate? First, I am a moron for having taken the other side of such a bet with a woman who has patrician tastes and a keen sense for detail, and whose job it is to cut product placement deals. And second, that Martha Stewart is clearly guilty of some federal securities-trading related crime. Okay, the latter may be a stretch - a function of my bitterness over Martha's costly lack of discretion. But if you buy the argument underlying the actual federal case against Martha and that she deserves to be convicted then you might be willing to send her away for this as well. Truth be told, when you get to the heart of it, it would seem that Ms. Stewart's gross offense against society - the one for which she faces years in a federal penitentiary - is being an arrogant, take-no-prisoners, successful businesswoman. That isn't a crime. It is something the world needs a bit more of.
What happened is no mystery. Early on, federal prosecutors looked at a sparse set of facts and optimistically believed that they had an open-and-shut insider trading case to lodge against her. It was to be a juicy high-profile one that would have low enforcement costs and garner much free publicity (derivatively, deterrence). As they continued to investigate, they discovered that they had absolutely no insider trading case. What to do? Poof: exercising your first amendment right to avow your innocence before being proven guilty is now a crime so long as you are a public company CEO and staying silent as the media speculates about insider trading charges against you might cause the company's stock price to fall. Well, forget about that one, there's still the cover up, right? Oh yes, Martha should have been totally forthcoming with federal authorities because it isn't like those same federal prosecutors were looking to warp anything she might tell them into a crime.

67. Lawyer Sentenced For Insider Trading
Lawyer sentenced for insider trading. a $10000 fine and ordered Wittenberg to explain his crime in speeches to 300 attorneys within the next year.
http://www.sfgate.com/cgi-bin/article.cgi?file=/chronicle/archive/2001/12/05/BU1

68. Insider Trading
insider trading. Isn t insider trading an act of fraud? insider trading is a victimless crime. It s an innocent act that should be legal.
http://www.capitalism.org/faq/insider_trading.htm
The Capitalism Site
Capitalism
Frequently Asked Questions
Insider Trading
What is "insider" trading?
The essential principle of socialism, applied to the physical realm, is that property belongs to the "public" regardless of who undertook the effort to create the property. The insider trading laws are its intellectual corollary; if government can take control of the physical creations of your body, it is no great stretch to expect it will take control the intellectual results of your mind, i.e., knowledge. The result is the socialist corruption of the free market known as "insider" trading. The idea that knowledge gained within a company, about that company and its products, belongs to the public, because that company sells its shares to the public.
Who does "inside" information belong to?
In today's division-of-labor society, it is inevitable that some individuals will discover and act on information before (and better than) others do. Such differences are also the inevitable consequence of the fact that the human mind is individual by nature. Just as there's no such thing as a "collective mind," there is no such thing as "collective information." To grasp information an individual must expend effort; he must either create the information or discover it. After he does this, he may well choose to trade it with others or give it away in some act of charity (just as he may do with his tangible assets). But he should not be obligated (nor compelled by law) to do these things. Morally, he doesn't "owe" his knowledge to anyone. The primary moral obligation rests on others: they should be obliged to keep their hands off such assets and not destroy or steal them (or hire government to do so).

69. ELT : Online Understanding And Avoiding Insider Trading Course Demo : In Partner
insider trading is a serious crime that can result in both fines and imprisonment, and yet it can easily be inadvertently committed.
http://www.elt-inc.com/corpedia/uait1015/uait1015.htm
Home About ELT Course Demos Demonstrated ROI Delivery Options Partners Live Training LLG Products ... Contact Us
Understanding and Avoiding Insider Trading
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Understanding and Avoiding Insider Trading

Critical Information about Understanding and Avoiding Insider Trading: Identifying the Problem, Identifying the Solution This course provides a broad overview of the illegal practice of insider trading, as well as some techniques for its prevention within your company. Included in this course are the definitions of the key elements of insider trading; a definition of insider trading; who is involved in insider trading; some historical background and details of insider trading legislation; how to identify and help prevent insider trading; and how to prevent or limit your liability and that of your company. This engaging course offers interactive practice questions and a testing module to ensure that your employees understand the content that has been presented to them. It's important to note that this course offers employers the flexibility to add any company-specific policies regarding insider trading, as well as customized content.

70. EconPapers: Insider Trading: The Case Against The "Victimless Crime" Hypothesis
By Norman S Douglas; insider trading The Case against the Victimless crime Hypothesis.
http://econpapers.repec.org/article/blafinrev/v_3A23_3Ay_3A1988_3Ai_3A2_3Ap_3A12
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Insider Trading: The Case against the "Victimless Crime" Hypothesis
Norman S Douglas The Financial Review , 1988, vol. 23, issue 2, pages 127-42 There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it. Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title. Ordering information: This journal article can be ordered from
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71. Reason
Free Samuel Waksal. insider trading should not be a crime. By Brian Doherty. Poor Samuel Waksal. Back in December, the Food and Drug Administration struck
http://reason.com/hod/bd062502.shtml
June 25, 2002 Free Samuel Waksal
"Insider Trading" should not be a crime.
By Brian Doherty
Poor Samuel Waksal. Back in December, the Food and Drug Administration struck a grave blow to his company, ImClone Systems, by denying it the right to market a potential cancer treatment it had developed. Then two weeks ago the FBI arrested him (and the Securities and Exchange Commission sued him) for letting relatives know about the FDA’s plan before it issued its press release. They sold ImClone stock before it started dropping upon news of the FDA’s decisions. So did Waksal's pal Martha Stewart, and the news is causing her no end of trouble and lost stock value for her own company although she denies being tipped off. Waksal, who recently resigned as CEO of ImClone, faces a potential 75 years in prison, plus fines, if found guilty of all charges. It’s the return of that nostalgic relic of the ‘80s, the supposedly heinous crime of insider trading. The SEC reports a nearly 50 percent rise in insider-trading cases from 2000 to 2001. It has been off the front pages so long that it pays to think about what insider trading really is, such that a (formerly) highly respected immunologist should be locked up in a cell for the rest of his life for it.

72. The Injustice Of Insider Trading Laws
Martha Stewart was investigated for the crime of insider trading and later convicted of obstructing justice for lying to authorities during the
http://www.calnews.com/archives/aynrand03.htm

Sacramento Update
Washington D.C. Update Initiative Update Business News The injustice of insider trading laws
The laws that prompted the investigation of Martha Stewart should be repealed because they violate individual rights
Andrew Bernstein
July 13, 2004 Martha Stewart was investigated for the "crime" of insider trading and later convicted of obstructing justice for lying to authorities during the investigation. But the questions no one is asking are: Should Martha even have been the subject of a criminal investigation in the first place? Should anyone be investigated for insider trading? Is insider trading objectively a crime?
In a free society a company belongs to its ownersthe shareholdersnot to the government. The owners have the moral, and must have the legal, right to decide if corporate executivestheir employeeswill be permitted to trade on or disseminate "inside," i.e., proprietary information. Indeed, the owners have the moral right to decide if corporate executives will even be permitted to own stock in the company. Prior to the establishment of the SEC in the 1930s, the government properly did not violate the right of a company's owners to control, by means of corporate by-laws, the practices of corporate executives regarding stock ownership and inside information. The government recognized that proprietary information belonged to the company's owners. However, this respect for property rights began to erode as regulations and prohibitions on insider trading were gradually imposed.

73. ThePolitic - Canadian Political Weblog » Blog Archive » Insider Trading Is Not
insider trading is not a crime, Stewart is a victim. So Martha Stewart will do some time for insider trading. What is insider trading? It’s trading stocks
http://www.thepolitic.com/archives/2004/07/29/insider-trading-is-not-a-crime-ste
Insider trading is not a crime, Stewart is a victim
Filed under: A company does not belong to the government, it belongs to the owners, the shareholders. They should have the right to decide if an executive may act upon or disseminate insider information, or to decide if an executive will even be allowed to own stock at all. Insider trading has a negligible effect on the company or the economy. The information itself, not how it is used, determines the fate of the company. In the past, companies routinely viewed insider trading as a form of compensation and reserved the right to withdraw the privilege should it be abused. This entry was posted on Thursday, July 29th, 2004 at 6:19 am and is filed under . You can follow any responses to this entry through the RSS 2.0 feed. You can skip to the end and leave a response. Pinging is currently not allowed.
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74. The Statrix Why We Need More Insider Trading
If we can agree that the term victimless crime is an oxymoron, The SEC claims that it outlaws insider trading because it undermines investor
http://www.thestatrix.com/archives/2003/12/why_we_need_mor.html

75. MS PERFECT: The Case Against Domestic Diva Martha Stewart. - John O'Sullivan - B
The feds suspected that Stewart was guilty of insider trading because she dumped Lying is a crime either when the liar is under oath or when he is
http://www.benadorassociates.com/article/2546
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MS PERFECT
The case against Domestic Diva Martha Stewart.
by John O'Sullivan
National Review Online
March 9, 2004
In most trials, the court attempts to select jurymen who know nothing about the case to be tried. It is assumed that, if someone knows nothing about the case, he can hardly hold prejudiced views about it. In the Martha Stewart case, the ideal juror would appear to have been someone who knew nothing whatsoever about Martha Stewart. To judge from commentary during and after the trial, Stewart seems to have been universally known and almost universally disliked. She was regarded as cold, aloof, arrogant, snobbish, cruel, and patronizing — and she made matters worse by cooking, flower-arranging, table-setting, and generally domesticating to an irritating degree of perfection. Well, bully for her: She overcame these perceptions to build a commercial empire and become a success in a medium (television) already notorious for its synthetic and simpering "niceness" to begin with. That, at least, is my reaction. That's not a common reaction, however. Since well before the verdict, newspapers and television news programs have been slavering at the prospect of the "domestic diva" behind bars. To judge from the level of hostility to Stewart's personality, it must have been almost impossible to find a jury not prejudiced against her. And the guilty verdict delivered last Friday might almost be as much the jury's rebuke to her irritating perfectionism as a response to the evidence.

76. ProfessorBainbridge.com: The Insider Trading Charge Against Martha Stewart
But charging her with insider trading stretches that crime beyond where it was ever meant to go. November 7, 2003 Permalink
http://www.professorbainbridge.com/2003/11/the_insider_tra.html
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77. Crime & Federalism: Those Technicalities
A lot of people are saying that Martha Stewart committed insider trading and she wasn t After all, using painkillers is not a crime against nature.
http://federalism.blogspot.com/2004/07/those-technicalities.html
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Wednesday, July 28, 2004
Those Technicalities
I often hear people (including most lawyers, who really should know better), that they are tired of people getting off on technicalities. A technicality has specific context. If a police-baton inspired confession is suppressed, the defendant walked on a technicality. If a jury does not find the defendant guilty beyond a reasonable doubt, he walked on a technicality. But shouldn't this term cover prosecutorial acts as well?

78. HoustonChronicle.com - Enron's Skilling Charged With Insider Trading, Fraud And
SEC complaint insider trading charges against Skilling and Causey. The top Enron executive to be accused of a crime in the trading giant s downfall,
http://www.chron.com/cs/CDA/ssistory.mpl/topstory2/2410325
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Feb. 19, 2004, 6:22PM
Enron's Skilling charged
with insider trading, fraud and more
By MARY FLOOD
RESOURCES
Former Enron CEO Jeff Skilling testifies before Congress in 2002. JEFF SKILLING
Interactive profile:
His life, his words, his reputation. Motion to move trial: Attorneys say Houston's too biased. VIDEO Watch Skilling's surrender: Handcuffed executive heads to court - 2/19/04 AUDIO Attorney Dan Petrocelli defends his client in February 2004: Skilling has nothing to hide Just a scapegoat Passed lie detector test See results of polygraph test Congressional testimony: What Skilling and others told the House Energy and Commerce Committee in 2002 Angry Enron exes: Former employee Diana Peters sounds off More Enron alums react to indictment THE CHARGES Latest indictment: 7/7/04. Large pdf file requires

79. Another Defeat For The Justice System
For these offenses to have any meaning, there must be a crime that she lied The prosecutors would have liked to charge Stewart with insider trading,
http://newsmax.com/archives/articles/2004/3/9/114719.shtml
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Another Defeat for the Justice System Paul Craig Roberts
Tuesday, Mar. 09, 2004
The Kafkaesque indictment, trial and conviction of Martha Stewart is a devastating blow both to the US legal system and to belief in the American socio-economic system. As Lawrence Stratton and I have demonstrated in our book, “The Tyranny of Good Intentions,” very little remains of the legal protections that once defined the Anglo-American legal system. Today hapless defendants are convicted not only in the absence of criminal intent but also in the absence of statutory felonies. Martha Stewart was indicted for lying and obstructing justice. For these offenses to have any meaning, there must be a crime that she lied about and obstructed. The prosecutors presented no such crime. Stewart was indicted and convicted for lying and obstructing a crime when no crime happened. Many Americans believe that Stewart committed “insider trading,” because that is the disinformation her prosecutors used their media pimps to disseminate. The prosecutors would have liked to charge Stewart with insider trading, but could not. Stewart learned from her broker, not from a company insider, that a top executive was selling shares.

80. Discovery Institute - Article Database - Both Martha And Justice Have Suffered,
She was being questioned about insider trading. insider trading is a crime. But the government did not charge her with insider trading. Why not?
http://www.discovery.org/scripts/viewDB/index.php?command=view&program=Misc&id=1

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