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SEC Charges Mark Cuban With Insider Trading
WSJ ^ | today | KARA SCANNELL

Posted on 11/17/2008 9:07:23 AM PST by OL Hickory

****UPDATE**** SEC Charges Mark Cuban With Insider Trading

The Securities and Exchange Commission filed insider trading charges against Mark Cuban, the outspoken owner of the Dallas Mavericks, for allegedly dumping shares in Mamma.com upon learning it was raising money in a private offering....

http://online.wsj.com/article/SB122693827604333637.html

(Excerpt) Read more at online.wsj.com ...


TOPICS: Business/Economy
KEYWORDS: business; cuban; fec; government
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To: remaxagnt
what happened to innocent till proven guilty?

It went out the window when he financed a leftist hit piece against our Marines.

Welcome to Free Republic.

21 posted on 11/17/2008 9:34:30 AM PST by WhistlingPastTheGraveyard
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To: ElkGroveDan

Basketball fans in Dallas are also cheering.


22 posted on 11/17/2008 9:36:18 AM PST by Ironfocus
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To: ElkGroveDan

Aw, gee, we just LOVE him here in San Antonio! Jerk...


23 posted on 11/17/2008 9:36:35 AM PST by jagusafr ("Bugs, Mr. Rico! Zillions of 'em!" - Robert Heinlein)
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To: remaxagnt

Not in cubans sick world lol


24 posted on 11/17/2008 9:37:20 AM PST by italianquaker (When BO won the election the stock market was at 9600 and a tank of gas cost 2 bucks.)
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To: politicket
that this has absolutely NOTHING to do with this web site that Mark Cuban recently started: http://bailoutsleuth.com/ Sadly, my first thought.
25 posted on 11/17/2008 9:41:16 AM PST by TheRiverNile
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To: jagusafr
Aw, gee, we just LOVE him here in San Antonio! Jerk..

He's the George Steinbrenner of basketball. An owner who goes out of his way to make the fans of the other teams hate him.

26 posted on 11/17/2008 9:51:32 AM PST by ElkGroveDan (Reagan is back, and this time he's a woman.)
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To: remaxagnt

Oh, he’ll have his day in court, but I’ve met the guy, I have no doubt he’s guilty.. will it be proven in court, who knows.


27 posted on 11/17/2008 9:56:57 AM PST by HamiltonJay
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To: OL Hickory
Services him right for A) insider trading, but B) covering for his employee Josh Howard's anti-American tirade.
28 posted on 11/17/2008 10:02:26 AM PST by exist
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To: OL Hickory

Come on SEC.. make an example out of him!!! He’s an arrogant SOB.

Take him out at the knees like you did that other big insider trader - Martha Stewart


29 posted on 11/17/2008 10:04:05 AM PST by conservative_guyz
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To: remaxagnt

This isn’t a court room so we are free to assume guilty until proven innocent.


30 posted on 11/17/2008 10:05:45 AM PST by marlon
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To: remaxagnt; OL Hickory
what happened to innocent till proven guilty?

Who said he was guilty? The artilce says he was charged and OL Hickory didn't claim he was guilty of anything but being a jackass, which is a proved fact. Stick around, maybe you'll learn something.

31 posted on 11/17/2008 10:09:06 AM PST by subterfuge (BUILD MORE NUCLEAR POWER PLANTS NOW!!!)
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To: OL Hickory; Grampa Dave

The complaint refers to the guy who ran mamma.com as “an unnamed CEO,” but the Way Back Machine tells all.

http://web.archive.org/web/20040919174649/finance.yahoo.com/q/pr?s=MAMA


32 posted on 11/17/2008 10:09:18 AM PST by library user
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To: HamiltonJay
Couldn’t happen to a nicer jackass.

Mark Cuber had a bit part showing his a** or ?? in the movie Jackass II, right? :)

33 posted on 11/17/2008 10:09:46 AM PST by webschooner (May piss be upon the One)
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To: ElkGroveDan
Basketball fans outside of Dallas are cheering.

Believe me, basketball fans inside of Dallas are cheering to.

34 posted on 11/17/2008 10:10:39 AM PST by dfwgator (I hate Illinois Marxists)
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To: OL Hickory

Hey Mark, “PAY NELLY!”


35 posted on 11/17/2008 10:11:47 AM PST by dfwgator (I hate Illinois Marxists)
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To: OL Hickory

Good, couldn’t happen to a nicer guy.


36 posted on 11/17/2008 10:13:26 AM PST by DesScorp
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To: OL Hickory

Somewhere Don Nelson and Avery Johnson are high-fiving each other and saying, “YESSS!”


37 posted on 11/17/2008 10:14:58 AM PST by dfwgator (I hate Illinois Marxists)
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To: OL Hickory

Being a billionaire won’t help him stay out of jail. Poor guy tried to save $750 thousand via insider trading.


38 posted on 11/17/2008 10:31:56 AM PST by o2bfree
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To: OL Hickory

How do folks this stupid get rich?


39 posted on 11/17/2008 10:36:27 AM PST by Tijeras_Slim
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To: OL Hickory
Isn't Cuban a strong Obama supporter? If he is we won't hear another thing about this.
40 posted on 11/17/2008 10:38:14 AM PST by vetvetdoug
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