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0 pointsklyrs2y ago0 comments

I still don't think it counts as insider trading if an outsider sabotages the airplane and buys the puts. The sabotage itself is probably a dozen federal offenses (gasp, terrorism!) resulting in actual prison time; insider trading only gets a slap on the wrist.

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loceng2y ago

Agreed, it wouldn't be insider trading - just fraud - with potential horrible unintended but predictable consequences; of which the person(s) buying the stock around that orchestrated event happens would be complicit in.

There's probably far easier and more lucrative ways for clever criminals to execute on though.

tim3332y ago

I'm not sure it would even be fraud although obviously blowing up airplanes breaks some laws. But on the finance side if you buy calls on a company and then help it be successful in some way I don't think you have broken any laws.

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0 pointsklyrs2y ago0 comments

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loceng2y ago

There's probably far easier and more lucrative ways for clever criminals to execute on though.

tim3332y ago

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