Anybody who plays the stock market not as an insider is like a man buying cows in the moonlight.
Sentiment: NEGATIVE
Insider trading tells everybody at precisely the wrong time that everything is rigged, and only people who have a billion dollars and have access to and are best friends with people who are on boards of directors of major companies - they're the only ones who can make a true buck.
One of the funny things about the stock market is that every time one person buys, another sells, and both think they are astute.
The guy that just arranges things so that the stock market holds up is nobody in my - in my estimation.
Significant officials at publicly traded companies are casually and cavalierly engaged in insider trading. Because insider trading has as one of its elements communication, it doesn't take rocket science to realize it's nice to have the communication on tape.
The difference between playing the stock market and the horses is that one of the horses must win.
In the movie 'Wall Street' I play Gordon Gekko, a greedy corporate executive who cheated to profit while innocent investors lost their savings. The movie was fiction, but the problem is real.
I spoke bluntly about what I had seen in a little over a year as United States Attorney for the Southern District of New York. To the apparent surprise of many in the room, I observed publicly that insider trading appeared to be rampant.
If companies tell us more, insider trading will be worth less.
I do feel like I'm not entirely an insider.
If an actor knows how to milk a cow, I always know it will not be difficult to be in business with him.