Re: Martha Stewart and her Merrill Lynch Broker

From: Brian Atkins (brian@posthuman.com)
Date: Thu Jun 05 2003 - 09:30:17 MDT

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    gts wrote:
    > In other free-market countries, Taiwan for example, it is perfectly legal
    > and respectable to trade on so-called "inside information." Why shouldn't it
    > be legal? The markets are about the free competition for information.
    >
    > Why is it a crime in the USA to profit from information one has in one's own
    > brain that others don't have in theirs? Isn't knowledge and insight
    > something we should reward? Where in the US Constitution is it stated that
    > the federal government is granted the power to tell US citizens what they
    > can and cannot do with the business information contained in their own
    > brains? Who owns our brains, anyway?
    >

    http://www.sec.gov/news/speech/speecharchive/1998/spch221.htm ? 

    -- 
Brian Atkins
Singularity Institute for Artificial Intelligence
http://www.singinst.org/

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