In response to:  Legalize Insider Trading  Tish6 Wrote: Nov 28,
2012 1:32 PM However in that instance...if the company realized
it...then the Board of Directors would probably fire him. So he
would make a bunch of money...but then would loose his job...and
most likely would not be hired by other orgainizations because
the people on that board are on other boards...and while the HR
department can't give the details...they can talk about it to a
friend on another board...and he'll be blackballed from further
employment. He wouldn't make that much money to keep him living
on the ritz for the rest of his life.   The media love this
stuff. I imagine reporters sitting around saying: "The SEC
finally will punish greedy Wall Street! These tycoons rig the
game -- cheating is how they acquire $14 billion -- and now
noble government prosecutors will bring justice."  But this is
nonsense. Government prosecutors are as ruthless...