[Inclag]

SEC finally got him. Always thought his whole Sharesleuth.com endeavor was a red flag that he was up to some pretty questionable things. I guess some others thought the same...


http://money.cnn.com/2008/11/17/news/newsmakers/cuban_insider_trading/index.htm?postversion=2008111711

 

[I Are Baboon]

He should have used some insider's knowledge before pulling the trigger on that Jason Kidd trade.

 

[sanjuro]

How the mighty will fall...

 

[IH8Rice]

serves him right for starting HDNET.

when i first saw this on Yahoo news i thought it was some cuban....from cuba

 

[$tinkle]

so this billionaire is getting pinched for saving $750K on a trade ( <<1% of net worth)?

what a fool.

 

[RenegadeRick]

so this billionaire is getting pinched for saving $750K on a trade ( <<1% of net worth)?

Watching the $$$ is how the wealthy get and stay that way.

 

[sanjuro]

Yeah, what did Martha Stewart go to jail for, $20k of stock?

 

[jimmydean]

so this billionaire is getting pinched for saving $750K on a trade ( <<1% of net worth)?

what a fool.

He is either THAT stupid, or figured it was so small nobody would notice.

 

[IH8Rice]

Yeah, what did Martha Stewart go to jail for, $20k of stock?

she would have deserved to go to jail for $20...i cant stand martha

 

[ohio]

so this billionaire is getting pinched for saving $750K on a trade ( <<1% of net worth)?

what a fool.

And it cost him another $750k. When you're a billionaire, BFD.

 

[reflux]

Yeah, what did Martha Stewart go to jail for, $20k of stock?

When I first read about the story, my first thought was: if and when he is convicted, will he spend more or less time in jail than Martha?

 

[ohio]

Yeah, what did Martha Stewart go to jail for, $20k of stock?

I think about $50k.

 

[JohnE]

More $$ will be spent prossecuting him then the stock was worth...he can just write a check, or pay cash.