>> why do they include details such as, "he was a school teacher" and, "he owed gambling debts"?
They want to signal to larger players (hedge funds, etc) that enforcement is only on smaller players like high school teachers. They are signaling to their rich friends and power brokers in NYC/Connecticut that there is nothing to worry about w/r/t to the real, bigtime insider trading.
This comment is meant to be both sarcastic and true, however depressing.
They want to signal to larger players (hedge funds, etc) that enforcement is only on smaller players like high school teachers. They are signaling to their rich friends and power brokers in NYC/Connecticut that there is nothing to worry about w/r/t to the real, bigtime insider trading.
This comment is meant to be both sarcastic and true, however depressing.