Dallas Mavericks Owner Charged With Insider Trading:
http://www.dallasnews.com/sharedcontent/dws/dn/latestnews/stories/111808dnbuscuban.1c00744a4.html
This is not good press for the NBA and does not paint a good picture for other NBA team owners. Our textbook states insider trading refers to buying or selling stocks based on nonpublic information likely to affect stock prices. I believe insider trading is unfair and Mark Cuban should be heavily punished for his actions.
Wednesday, November 26, 2008
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1 comment:
Absolutely, this is horrible considering the officiating scancal the nba is still dealing with. I think the argument against insider trading from our book translates seamlessly into this nba situation.
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