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HomeMore Insider Trading on Wall Street?
Posted by Larry Doyle on February 1st, 2010 1:56 PM |
Profit over principle. Where does one draw the line?
I worked with some incredibly sharp individuals on Wall Street. In fact, two individuals with whom I worked were banned from casinos in Vegas because of their ability to count cards. While casinos do not appreciate card counters, I would not include that skill as a negative in my thoughts about their personal character. To be perfectly frank, both of these individuals were gracious, charitable, and professional. The overwhelming majority of those with whom I worked were also true professionals. That said, the very nature of the Wall Street enterprise attracts an element that prioritizes profit over principle. I am reminded of that fact again today. How so?
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Posted in General, insider trading, PPIP, TARP | 2 Comments »
