Here you will find the all the exciting details of how to do business in America. This isn’t boring theory or textbook learning. All of the examples are current, real-world events. Learn from the greatest American business institutions and people how to operate in the U.S.
Here is how you can earn hundreds of thousands and maybe even millions of dollars every year. The method employed by many financial professionals, hedge fund managers, and pension managers is insider trading. Insider trading is fun and lucrative. But isn’t insider trading illegal?
No. There are at least two types of insider trading. Corporate officers and board members that trade their own company’s stock are engaging in legal insider trading and are required to file a form with the SEC. The second type is insider trading is illegal. That is when someone with non-public information uses that information to generate stock profits.
The likelihood of getting caught is minimal. The probability of getting prosecuted is miniscule. Almost no one is given more than probation. That is why illegal insider trading is rampant in the U.S. Many U.S. financial professionals engage in illegal insider trading.
Here is a real world example. Anil Kumar, a former senior partner at McKinsey & Co., pleaded guilty to conspiracy and securities fraud on January 7, 2010. He earned $1.75 million by providing insider information to Galleon Group.
This is how business is done in America. McKinsey & Co. is a premier consulting company. A senior partner, Anil Kumar, engaged in illegal insider trading. If the best and brightest in the U.S. are engaged in illegal insider trading, you absolutely know that illegal insider trading is pervasive in the U.S.
What does this mean to you? Know that when you hire or work with an American firm the employees of that firm will try to get inside information to earn illegal stock profits. This is how business in done in America.
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