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Monday, June 25, 2012

Say It Ain't So Eddie

Source: Sports Illustrated
Eddie Murray is one of several professional athletes being investigated for trading on inside information that Abbott Labs was on the verge of buying Advanced Medical Optics in 1/2009.

Eddie Murray, a Hall of Famer, is one of the most beloved professional athletes in Baltimore history.  Furthermore, his is another case where you just have to scratch your head and wonder why he did it.  He is well off financially.

As an advisor, I have to end with a recommendation:  Please...look in the mirror...unless you see a member of Congress staring back. don't trade on non-publicly available information!  It's that simple.
If you are a member of Congress, you can disregard - you are above the law and can do what you want.

3 comments:

  1. Replies
    1. Hey...I can't figure out why they aren't all billionaires!

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    2. The smart ones are multi-millionaires at least...... Many go into office poor, but few leave office without being set for life.

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