General Discussion
In reply to the discussion: Holy Fuck Me Harder! [View all]Earth_First
(14,910 posts)It doesn't take the NSA to get any of that information into the right hands; for the right price of course.
'Expert Network' consultation that operates in broad daylight, registered with the SEC, and make millions annually on offering information to 'subscribers' on Wall Street.
http://en.m.wikipedia.org/wiki/Expert_network
These expert networks have the ability and track records to provide information pertaining to comapnies' 'probable' earnings reports, current research and development, and social connections with the companies that traders and firms have the ability to make millions on or save their own asses.
Insider trading? Probably.
Illegal. Absolutely.
Frontline did a piece called 'To Catch a Trader' in 2010 which highlights these expert networks and much more...
http://www.pbs.org/wgbh/pages/frontline/to-catch-a-trader/
All of this of course has political implications when it comes down to the bottom line and who has access to this information.