On Tue, 20 Jan 2004, Doug Henwood wrote:
> >Meanwhile, I don't think I agree that this is merely an effort to
> >legitimate Wall Street.
>
> Not just the prosecution of MS, but the prosecution of "insider
> trading" itself.
If there was no prosecution of insider trading at all -- not even the mildly restrictive policing we've got now -- the US stock market would collapse to the size of Malaysia's, no? Mutual funds would vanish. It would be the end of the present capitalist order. No?
Michael