Summary: Insiders and Outsiders What’s wrong with insider trading? Photo: Massimo Mancini. Source: Unsplash Insider trading strikes most of us as deeply unfair. If a banker passes along a tip about an upcoming deal to his cousin, and the cousin uses the information to make a bundle, we know in our guts that this is wrong. But who’s the victim? If the banker didn’t receive any compensation for leaking the information, where’s the crime? Some legal scholars have […]
