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Mark Cuban Charged With Insider Trading

Posted by CmdrTaco on from the that's-a-way-to-make-bank dept.

geekboy_x writes "The SEC today charged Mark Cuban with insider trading violations, alleging that he divested himself of stock in mamma.com before the stock was diluted via a public offering." Something tells me that the billionaire blogger won't be talking about this one publicly any time soon.

2 of 176 comments (clear)

  1. Twice now by fishbowl · · Score: 5, Interesting

    Twice in my career I have had a good laugh at the expense of someone whose abuse I suffered.

    The first was David Duncan. He was a senior finance/accounting manager when I was a peon at Mobil. I basically had to jump at his every request even though I never worked for him or his department. I left that job to start an internet business, but I really enjoyed the day that I saw David Duncan testifying before Congress, explaining Enron to them. Beautiful day.

    The second is today. When my internet company was encoding and streaming his sports and talk radio broadcasts (innovative for 1994, mind you), Mark Cuban used to page me and call me at home at all hours with the most unreasonable demands and questions. Now I realize if I had been willing to kiss his ass the way he was accustomed to being kissed, I might be a billionaire today, but it would never have happened. Today I am all smiles.

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    -fb Everything not expressly forbidden is now mandatory.
  2. Re:Wrong, He Has a Blog Post On It by 7-Vodka · · Score: 3, Interesting

    This is a lawyer

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    Liberty.