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on 28-08-2013 09:13 AM
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.)
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on 28-08-2013 09:44 AM
@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
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on 28-08-2013 09:48 AM
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on 28-08-2013 09:50 AM
@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.
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on 28-08-2013 10:30 AM
I think he spoke about this in his recent interview.
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on 28-08-2013 10:32 AM
what did he say about it?
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on 28-08-2013 10:50 AM
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.
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on 28-08-2013 11:03 AM
@**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 ?
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on 28-08-2013 11:15 AM
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.
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on 28-08-2013 11:15 AM
@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.