“If” the SEC can’t do much with an “If”. I agree ethics and moral but that’s not illegal. He’s an idiot, I lost respect for him when those people were stuck in the cave.
If Elon Musk canot keep his his twitter mouth shut should SEC/ U S Attorney indict him?
- Thread starter iceman1
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“If” the SEC can’t do much with an “If”. I agree ethics and moral but that’s not illegal. He’s an idiot, I lost respect for him when those people were stuck in the cave.
But what if you know that people selling your stocks causes them to buy cryptos which you own in large quantities. It really is not that hard to comprehend that market manipulation does not only have to constitute a direct relationship but an indirect as well.
omg that’s an incredible stretch hahaha. “What if” fantasy world.
what if by me saying no, it makes him say yes and then causes her to say maybe hahahah
Right, but we should very much care how morals and ethics judge leaders in our society. After all society is never static, we change and adjust laws and regulations all the time. If the same laws from 1840 still applied today then our society would be very different. We would hang people of certain color on trees, prevent certain genders from voting, would be able to duel each other for minor disagreements. I think we all can agree that our society is more egalitarian than it was 1840. We still have a long way to go to improve but that is precisely my point, what the law says alone is not enough when judging and evaluating the behavior and conduct especially of leaders in society.
That is why we enforce a "special fiduciary duty" on certain people of special responsibilities. For example most officers at buy-side funds have an extremely strict personal investment policy and gift giving/receiving policy. Some can laugh about it why officers at funds need to declare or reject gifts worth even less than 100 dollars but the entire point is to avoid the risk of appearing biased. It is not only about violating any laws, it is about the avoidance of the appearance of making biased decisions. The same should apply to any Federal Reserve official. They should be absolutely banned from trading and only be allowed to make long term investments and the timing thereof should be intensely scrutinized. If society loses trust in our elected officials then that is the end of democracy and freedom as we knew it. And we are half-way there of having lost most of the values our forefathers once held dear. CEOs should not be allowed to make any public statements that influence their own company's stock in any way whatsoever outside of analyst calls that are strictly regulated in terms of the timing of publicizing such information. There are times where any communication is even embargoed, such as prior to earnings announcements. With privileges come responsibilities.
I can't believe that there are still human beings out there who truly believe that trickle down economics or absolute limitless capitalism broadly benefits a society. Those concepts have been utterly refuted so many times. Anyone who does not materially benefit from touting such myths should not even have the slightest motivation to repeat this nonsense.
I can't believe that there are still human beings out there who truly believe that trickle down economics or absolute limitless capitalism broadly benefits a society. Those concepts have been utterly refuted so many times. Anyone who does not materially benefit from touting such myths should not even have the slightest motivation to repeat this nonsense.
omg that’s an incredible stretch hahaha. “What if” fantasy world.
what if by me saying no, it makes him say yes and then causes her to say maybe hahahah
Why would it be fraud? Twitter is not binding legally. If you think that was just a poll, you're unable to read between the lines.
Well it's not the SECs job to read between the lines, they are supposed to take action for what it is. And all it is is a Twitter poll, so sorry buddy.
I am also sure Musk is smart enough to have attorneys watching his back before and when he publicity says anything. Again sorry buddy but move on.
the SEC couldn’t even spot Madoffs fraudulent activity for decades and they are supposed to read between the lines. Cmon man can you guys just quit already lol.
Lots of internet testosterone here today haha