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Old 10-28-2009, 03:31 PM   #1450
Adder
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Join Date: Mar 2003
Posts: 17,175
Re: Holy cow

Quote:
Originally Posted by Mmmm, Burger (C.J.) View Post
What if the tipper merely mentions some key fact innocently:

Evidence Note taker: Hey, how's the Dow Jones deal going?
Unwitting tipper: Dude, it's sucking. I'm going to be up 48 hours over the weekend for a Monday close.
[days later]
SEC: So, unwitting tipper, did you talk to any of the people on this list while grabbing a Snickers?
Feel free to change the hypo all you want, but the guy who offed himself was allegedly not an unwitting tipper.

But if your unwitting tipper was saying this to someone within his firm, yes, that was my point. It would not be hard to get info by talking to people around the office, and even if you did, that would get you on the list of people who had information, but if you weren't trading ourself (as the dead guy didn't seem to be), it would still make identifying your note taker as the real tipper quite difficult.
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