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Raj Rajaratnam

“Victimless” Insider Trading

Can You Say, “Tautology?” How About “Specious Reasoning?”  It’s hard to find a victim of [insider trading] because for every buyer of a stock there is a willing seller. –“The Fall of Raj”; The Wall Street Journal (5/12/2010) So that’s the Journal’s argument against insider trading laws? Namely, that no one is harmed because in...
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