More insider trading, Facebook for cats, and unconstrained bond funds. Plus, a look at housing trends the past 20 years. Check out what we're reading this week.
Author: Thad Schlaud
Puerto Rican bonds are coming to a firm near you, Google is working at immortality and Edward Jones tries to make a few bucks. Here's what we're reading this week.
I keep seeing articles about insider trading. Recently, in the Supreme Court’s ruling on Dirks they state that “Absent some personal gain, there has been no breach of duty to stockholders. And absent a breach by the insider, there is no derivative breach.” Which, I think, implies that as long as the insider doesn’t enjoy giving away secret, confidential information it’s ok.
With three big social media stocks taking a nosedive this week, and drops in the S&P 500 and the Dow Jones Industrial Average, the market was on the move. Want to learn more? Here are a few things we’re reading this week.
What’s your favorite finance movie? Don’t have one? Impossible. Every Gainplanner has a favorite. From “Working Girl” to “The Wolf of Wall Street,” we’ve seen them all.