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/biz/ - Business & Finance

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>> No.55893350 [View]
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55893350

Random thought experiment /biz/ but when I used to work for a publicly traded company, they always made it clear that
>you can't speculate on your company stock going down
>you can only trade in specific windows
>you can't trade off insider information you have
Now this is obviously partially BS, BUT it got me really thinking about what the penalty is for someone at the grunt level vs how worth it could be. When I see the fraud that JPMC gets away with a fine, I'm starting to realize that these fines are a total slap on the wrist. Granted this is just a flat out corrupt system, but brings me to a question:

Is there a certain amount of money you can make where even if the SEC sues you, it's still worth it? As in you'd make so much that penalty doesn't matter? Or is that threshold truly only reserved for large companies? Let's say you knew you were about to go bankrupt and you opened up a massive short. Not as a ceo, but as Tim from accounting.

tl:dr is it possible to make so much money that anything the law can do to you pales in comparison

>> No.51642003 [View]
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51642003

I have to do this because they put me on call but it's not too hard to deal with and I answer even when I'm not on call since I have no life and it enables me to continue to do fuck all from my wfh job in the middle of the day

>> No.51524690 [View]
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51524690

>>51523550
Rates aren't going that low for a while. Expect two more rate increases max and Powell to hold it. People need to stop betting on a fed bluff because they want the market to go up and have enjoyed an extremely accommodative monetary policy

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