Mark Cuban - Fry his ass or let him walk

Discussion in 'Wall St. News' started by Joab, Nov 18, 2008.

He should be fined big time

  1. Yes

    55 vote(s)
    65.5%
  2. No

    6 vote(s)
    7.1%
  3. Could care less

    23 vote(s)
    27.4%
  1. Read the complaint. Cut and dried unless it's all a huge conspiracy which seems extremely unlikely. Why can't anyone take responsibility for their actions anymore?
     
    #11     Nov 18, 2008
  2. Imo, the key word in the entire complaint is the word "reckless". He did not mean to cause anyone harm. This may mitgate the sentence.
     
    #12     Nov 18, 2008
  3. eagle

    eagle

    Ms. Steward is not really a trader, she wasn't aware about legal process very much. So I guess she is more innocent then Mr. Cuban since he knew very well about trading, a lot more than her.

     
    #13     Nov 18, 2008
  4. ElCubano

    ElCubano

    it is relative in proving the case is my point....

    if a guy like me who buys and sells $50k worth of stock all of a sudden buys $1million in options on BSC ( in an opening transaction, by borrowing and taking out a second mortagage in my house ) then that would be alot easier to prove.....but a guy worth $2billion selling $2 or $3 million in stock to close out a position ...there is no chance in hell this guy even remotely gets a conviction...unless someone wants his ass...peace

    edit...i just read some of the sec complaint...so i might be off...im gonna read some more
     
    #14     Nov 18, 2008
  5. Fry Cuban

    Martha went to jail for lying about it, not the actual insider trading.

    Re the pole. "could care less" means those that voted for this actually do care. If you could care less about something then there is some level (> zero) of caring involved.

    "couldn't care less" means you don't give a shit.
     
    #15     Nov 18, 2008
  6. fuck him, he knew what he was doing.
     
    #16     Nov 18, 2008
  7. clacy

    clacy

    Cuban is your typical "Lear jet liberal" who has already made his fortune, so now he demands higher taxes paid by people earning $200k/yr.

    These fucking people piss me off so bad, because they assume that since they can afford higher taxes, that all "rich" people can.

    What they don't take into account is that there is a much bigger difference between someone making $200k and Cuban's income, than there is between that person earning $200k and someone on welfare..

    Very wealthy people seem to want higher taxes, AFTER the fact, that they've accumlated their wealth. Of course income taxes don't affect that wealth, only the income from it.
     
    #17     Nov 18, 2008
  8. Joab

    Joab

    Exactly !

    I think Cuban should get at least as much if not more time then Martha did and he should take it like a man.

    up the butt :D :D :D
     
    #18     Nov 18, 2008
  9. Yep, if she admited insider trading then she woulda got a fine proble but it's the 'lying' that gets em in the end....ego!
     
    #19     Nov 18, 2008
  10. At one point she was a stockbroker.
     
    #20     Nov 18, 2008