Chapter
Discussion on Fraud and Insider Trading
1:16:00 - 1:20:27 (04:27)
The podcast hosts discuss insider trading and fraudulent activities in the business world and what consequences offenders face. The conversation includes specific examples and raises ethical questions regarding the use of insider knowledge in trading and misleading others for personal gain.
Clips
The discussion revolves around how people, mostly financial actors, use non-traditional ways to gather information to their advantage to make calls in the stock market, how, if that information is not public, it raises both ethical and regulatory issues that have legal implications.
1:16:00 - 1:17:08 (01:08)
Summary
The discussion revolves around how people, mostly financial actors, use non-traditional ways to gather information to their advantage to make calls in the stock market, how, if that information is not public, it raises both ethical and regulatory issues that have legal implications.
ChapterDiscussion on Fraud and Insider Trading
EpisodeE47: Facebook's week from hell, Ellen Pao on sexism in Elizabeth Holmes coverage, Newsom's win, frauds & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The speaker discusses recent cases of securities fraud, including the case of a man who paid a $10 million penalty and is banned from holding public office for three years.
1:17:08 - 1:18:53 (01:45)
Summary
The speaker discusses recent cases of securities fraud, including the case of a man who paid a $10 million penalty and is banned from holding public office for three years. They also mention a SaaS company that lied about their software capabilities and several ICO prosecutions in New York.
ChapterDiscussion on Fraud and Insider Trading
EpisodeE47: Facebook's week from hell, Ellen Pao on sexism in Elizabeth Holmes coverage, Newsom's win, frauds & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The media’s need to believe Elizabeth Holmes was the next Steve Jobs prevented them from seeing the obvious signs of fraud and misrepresentation in her company, Theranos.
1:18:53 - 1:20:27 (01:33)
Summary
The media’s need to believe Elizabeth Holmes was the next Steve Jobs prevented them from seeing the obvious signs of fraud and misrepresentation in her company, Theranos. Moreover, it is not uncommon to keep quiet about fraud in Silicon Valley, and this is partly due to the Elizabeth Holmes story, fueled by the desire to see a woman be the next Steve Jobs.