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December 20, 2005 5:15 AM PST

Insider trading on Sirius-Stern deal?

  • 3 comments

Regulators say two men illegally profited from advance news of Howard Stern's Sirius contract in 2004.

The story "Insider trading on Sirius-Stern deal?" published December 20, 2005 at 5:15 AM is no longer available on CNET News.

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In Need of a Shakedown.
by Dead Soulman December 20, 2005 7:35 AM PST
Corporate America is in desperate need of a shakedown. How much more is it going to take for some real measures to take place? All these crooks in charge of corporations are always making deals that only benefit themselves. What happens to their companies shareholders??? They get the finger.

I don't understand why people with a few thousand dollars in their savings accounts are willing to hand it over to these fraudsters. Following the stick and carrot.

Have money you want to invest? How about spending it in your town, like buying munipal bonds, or other programs that will improve your town, rather than buy some big CEO another multi-million yatch.

Unbelievable.
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in need of a shakedown
by p.shearer December 20, 2005 9:09 AM PST
Because investing in bonds not nothing to help me get my yatch! No one ever claimed that free markets are not messy; it just happens to be the best system out there.

"It is not from the benevolence of the butcher, the brewer, or the baker that we expect our dinner, but from their regard to their self-love, and never talk to them of our own necessities but of their advantages." Adam Smith, Wealth of Nations

-Paul
Will the ads on satellite radio be profane too?
by londonink December 20, 2005 1:14 PM PST
Will the ads on satellite radio be profane too?

See blog posting on this topic:

http://londonink.blogspot.com/2005/11/will-ads-on-satellite-radio-be-profane.html
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