MDDM Ch. 63 Zepho and Stig

[Otto]

----- Original Message -----
From: "Samuel Moyer" <smoyer at satx.rr.com>
To: <pynchon-l at waste.org>
Sent: Wednesday, July 17, 2002 6:24 AM
Subject: Re: MDDM Ch. 63 Zepho and Stig
>
> From: jbor:
>
> > Zepho & Stig's race reminded me of a fractured version of the fable of
the
> > Tortoise and the Hare. Love the cracks about "Philadelphia Lawyers" and
> > Rhodie's "promising Lawsuit" against Chas and Jere for suspected
"insider
> > trading" re. the eclipse!
> >
>
> 622-11
>
> Mason: "We certainly didn't use the knowledge to win any money, did we?"
>
> Dixon raises his eyes piously.
>
> funny stuff... S

"In the ordinary course of business, members of the audit committee know
more about a company's financial drift than do other directors, and they
know it earlier. Which is to say they really do have insider information.
The vagaries of the law permit directors to buy and sell during designated
windows of opportunity even though they may be in possession of
information--as Bush was--that other shareholders don't have. Bush took
advantage of this window when he sold his Harken stock. Unfair, maybe. But
as Michael Kinsley once wrote in these pages, "[T]he scandal isn't what's
illegal, the scandal is what's legal.""
http://www.thenewrepublic.com/doc.mhtml?i=20020722&s=diarist072202

. . . saw it too, Mark

Otto





__________________________________________________________________

Gesendet von Yahoo! Mail - http://mail.yahoo.de
Yahoo! präsentiert als offizieller Sponsor das Fußball-Highlight des
Jahres: - http://www.FIFAworldcup.comm