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 Anarcho-Capitalist Good News: Silicon Valley culture ripe for insider trading

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RR Phantom

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Anarcho-Capitalist Good News: Silicon Valley culture ripe for insider trading Vide
PostSubject: Anarcho-Capitalist Good News: Silicon Valley culture ripe for insider trading    Anarcho-Capitalist Good News: Silicon Valley culture ripe for insider trading Icon_minitimeSat Dec 18, 2010 2:13 am
Insider trading charges buffeting the technology industry have laid bare what people who work in Silicon Valley already know: leaks happen, and a morsel of information can turn into treasured commodity.

Even a company like Apple, renowned for its obsession with secrecy, was not safe from well placed leakers looking to peddle their information. Well before Apple's hit tablet computer was introduced to the world as the iPad, it was known to leakers by its code name: K48.

Three technology executives and a salesman for an "expert network" firm have been arrested and charged with leaking confidential information about Apple and a host of other technology heavyweights, U.S. federal prosecutors said on Thursday.

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