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back to article Ex-Microsofties face 20 years in slammer over insider trading

A former Microsoft senior manager is facing up to 20 years in jail and millions in fines and compensation over allegations he shared confidential information about the firm with his friend and business partner. The Securities and Exchange Commission (SEC) filed a complaint alleging Brian Jorgenson had handed off insider …

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Anonymous Coward

What about Elop and Nokia? :)

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> “For every stock market winner, there is a loser"

Really?

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Linux

buy low, sell high?

buy low ,sell high?

surely that's the whole point of the market?

It is perhaps why insider information is so toxic to the free market idea, and why regulation is a good thing (tm).

The cost of anything is by definition, what someone will pay for it.

P.

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Re: buy low, sell high?

A "market" is not a zero-sum game. The whole point of a market is that EVERYONE is better off.

Is the stockmarket a zero-sum game? It is difficult to decide with all the new money from nowhere rushes into it from everywhere. Maybe it is just a way to get a piece of the pie. Of course, the stockmarket in its current form turns to frank buccaneering when the raging exponential collapses, so you better get out early.

More here: How the Stock Market and Economy Really Work

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@ Phil Endecott

“'For every stock market winner, there is a loser' Really?"

Well maybe she meant to say, "For every stock market winner, there are many, many losers."

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Anonymous Coward

Re: buy low, sell high?

The stock market is not zero-sum. There are a few reasons for this:

1) Companies pay dividends to investors (at least some do) this means there is a gradual flow of money into the investors.

2) Investors are able to sit out of the market. Therefore you get flows of money in and out of the market as people either move into other markets, or move into cash.

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Pirate

They only hit the small enough to jail crowd

Steal 400K and it is jail time and millions in fines.

Steal millions - pay a small fine and do not admit to wrong doing.

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Re: They only hit the small enough to jail crowd

Wayne you left out steal billions and you are to big to fail.

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Re: They only hit the small enough to jail crowd

Wayne you left out steal billions and you are to big to fail.

...so the government writes you a fat check, and you can go on your merry way, screwing more people. Nice!!

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Re: They only hit the small enough to jail crowd

"...so the government writes you a fat check, and you can go on your merry way, screwing more people. Nice!!"

... and it's bonuses all around for snr management!

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Flame

What Insulting Tiddler Theatre. What about the freaking banksters?

Inside trading would be the least that they are guilty of, LIBOR Rigging, Commodities Pricing Fraud (for T.P.T.B.), Morgage Fraud, Derivatives Fraud etc.; outright fraud and extortion as a business model, more like! They are the big mafia fish, which government criminally give our taxes to rather than force them to face the consequences (jail included) of their fraud; moral hazard to fracking infinity!

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Big Brother

He should have been a banker!

Well nice to know everything is equal in this world.....just some people (bankers) are more equal than others when it comes to fiddling the finances for a nice profit and no jail time.

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20 years for stealing? Even murders pay less :D

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