The thing is Joe knows the rules, how could he let this slip past him?

I make no secret of always liking Joe Hockey, I have ignored little slip ups and made excuses in the past for most of his blunders and the negative media attention.

(I also think he looks unwell.)


@lakeland27 wrote:

you only get a 50,000 dollar fine for insider trading to the tune of millions in the private sector hawk. like Gay.


Insider trading is taking advantage of knowledge, a polly can have laws and policies changed to suit their interests, thats more like corruption at a government level which I consider a far more concerning thing

I agree Az. He would have known. I think he does look unwell.


@the_hawk* wrote:

@lakeland27 wrote:

you only get a 50,000 dollar fine for insider trading to the tune of millions in the private sector hawk. like Gay.


Insider trading is taking advantage of knowledge, a polly can have laws and policies changed to suit their interests, thats more like corruption at a government level which I consider a far more concerning thing


 i guess its more concerning at govt level. Gay was still unloading shares on people in the full knowledge they were about to plummet. multi-million dollar fraud surely deserves a custodial sentence ? it would if you were an employee of gays and defrauded Gunns.

**meep**
Community Member

I think he spoke about this in his recent interview.

what did he say about it?

I'm not sure exactly what he said but it was during the discussion about his wife.....He said something about not wanting to know about her business interests.


@**meep** wrote:

I'm not sure exactly what he said but it was during the discussion about his wife.....He said something about not wanting to know about her business interests.


 so a pre-emptive disclaimer ?

I haven't time today to go look for it.maybe tonight.

No excuse though for a future treasurer?

I ignore many things I don't want to know about but they are not pertinent to my position............ as this is to his.


@lakeland27 wrote:

@the_hawk* wrote:

@lakeland27 wrote:

you only get a 50,000 dollar fine for insider trading to the tune of millions in the private sector hawk. like Gay.


Insider trading is taking advantage of knowledge, a polly can have laws and policies changed to suit their interests, thats more like corruption at a government level which I consider a far more concerning thing


 i guess its more concerning at govt level. Gay was still unloading shares on people in the full knowledge they were about to plummet. multi-million dollar fraud surely deserves a custodial sentence ? it would if you were an employee of gays and defrauded Gunns.


One week a fella goes to jail for stealing a few empty shipping containers, the next Gay walks free with $750,000 profit for insider trading.

Gay and his buddies did the damage to Tas economy than successfully shifted the blame and hatred to the greens.