Enron

Using the example of the recent Enron scandal and allegations of insider trading, I shall examine the strengths and weaknesses of the two arguments against insider trading - property rights and fairness. In all evenhandedness, I believe a definition to be in order; insider trading is any illegal trading by insiders who trade based on insider information, insiders being further defined as a shareholder who owns more than 10% of a corporation, or an officer or …

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