Instead, the panel was a miasma of what I called "insiders, former insiders, and a previous colleague of the president's".
More than one insider I have spoken to feels Alonso was perhaps a little hard done by.
So What Is Insider Trading?
Is insider buying a bullish indicator?
The lawyers raise a problem of culture and law: Is insider trading merely an illicit version of a common American cleverness, trading on gossip from a colleague or friend that helps the trader and hurts no one?
Professor John Allen Paulos argues in "Is Insider Trading So Bad?"(May 12, p. 50) that the outcome of wagering on a biased coin toss results in equal winnings and losses; therefore, investors as a whole are not damaged by insider trading.
One insider said: "I never once saw him flustered, even when tempers around him were rising.
Or am I an insider if I inadvertently stumble upon relevant information?
Gardner: I think insider ownership is a great statistic to follow.
They're what I call insider-outsiders".
