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Topic: |
Business
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Number of pages / Number of words: |
3 / 588 |
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It is not important how much Shpigelman received in exchange for his unethical actions. His actions were based on greed and dishonorable decision-making. He would not have committed insider trading if he knew he was going to get caught. Shpigelman underestimated investigators and thought that he would be able to get away with sharing private information and collect the benefits that came along with it...
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Shpigelman underestimated investigators and thought that he would be able to get away with sharing private information and collect the benefits that came along with it.
Shpigelman, Plotkin, and Pajcin, were attempting to maximize shareholders' equity in the wrong way. It may have been the pressure to succeed, the temptation to make extra money, or simply to see if they could pull it off, but I am sure they all regret their actions and will never think about engaging in insider trading again...
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