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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.