Sure, Wall Street is slightly rigged, but that’s better than tired trustees or busybody bureaucrats supplanting current corporate governance. It’s a lot better than Schumer and Sanders attempting to link stock buybacks and dividend issuances with corporate wokism, or arrogantly deriding every billionaire as a policy mistake.
When executives have a vested interest in company performance, some degree of insider trading based on non-public information is possible. However, trading while drunk, computer algorithms run amok, and, worst of all, professional stock trading analysts pose a more insidious risk to one’s portfolio.
Some insider trading, at least on the buy side and […]
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