Marc Cuban charged with insider trading!

[mrreindeer]

Originally Posted by Andyman

Should'nt this be moved to the Habanos section

I was thinking more 'thoughts & prayers'.

[tzaddi]

Originally Posted by mrreindeer

I was thinking more 'thoughts & prayers'.

With all of the talk about "Mavericks" I was thinking it was a political thread. Man this story has everything.

[Shervin]

Doesn't surprise me money never fails to change certain people.

[Andyman]

Originally Posted by joncaputo

The guy is a BILLIONAIRE - how greedy do you have to be to do something like this?

Shows this belongs in the jokes section as well.. What a joke!

[tzaddi]

Originally Posted by joncaputo

The guy is a BILLIONAIRE - how greedy do you have to be to do something like this?

Sounds like a question for Gordon Gekko.

[vtdragon]

Marc Cuban subscribes to the edict that "If you ain't cheatin', you ain't trying"

[gvarsity]

Originally Posted by joncaputo

The guy is a BILLIONAIRE - how greedy do you have to be to do something like this?

A. How does one get to be a billionaire?

B. 600,000 shares depending on the expected share drop it could have been a lot of money. Often times it doesn't matter how much you have proportionally it still would be a lot of money. If it were to drop say 10$ a share thats still 6 million dollars no matter how you slice it. If you make a 100K a year and can save 1,000$ many people would. A good percentage of billionaires also avoid paying similar amounts in taxes through various practices that are fraudulent or border on fraud. Look at what is going on with the Swiss Banks most notably UBS. http://www.washingtonpost.com/wp-dyn...l?hpid=topnews

[icehog3]

Info on TV said he stood to lose $750K.