Insider trading, wealth concentration, and power abuse in global financial markets
According to information compiled by the SEC, a total of 58 insider trading actions were brought against 131 individuals and entities in 2012, and during the last three years the SEC filed more insider trading actions – a total of 168 – than in any three-year period in the agency’s history (2013). As the SEC states on the organization’s website, “these insider trading actions were filed against nearly 400 individuals and entities with illicit profits or losses avoided totaling approximately $600 million … (and) many involved financial professionals, hedge fund managers, corporate insiders, and attorneys who unlawfully traded on material non-public information, undermining the level playing field that is fundamental to the integrity and fair functioning of the capital markets” (2013). In nearly every case of insider trading listed on the SEC website, those accused are high-ranking officials and corporate executives who hold prominent positions providing them with affluence beyond the reach of nearly all Americans. However, despite holding enough wealth to live comfortably and ensure that future generations of their family could do the same, those accused of insider trading by the SEC invariably succumbed to a combination of greed and hubris, as they sought to manipulate the system in such a way that financial risk was removed from their investment transactions. While ordinary Americans struggled to weather the economic storm of last half decade, the corporate class continued to accumulate wealth at a staggering rate, largely through undocumented cases of insider trading and similarly unethical conduct.
Biological rhythms, consciousness states, and sleep in human psychology
¶ … consciousness has been studied actively since the 1960s. Interestingly, Taylor (2003) notes, "Consciousness is a subtle phenomenon, which has so far resisted all attempts to understand it." Taylor's statement may be…
The marketing mix strategy of Barnes and Noble
Marketing mix is the term used for the four marketing variables over which the company can exercise control. It can be defined as the combination of detailed strategies, tactics, operational policies, programs,…
Reductive images of the female body in Gilman, Brooks, and Piercy
¶ … female body -- the sum of its parts? In short story, novel, and poetic depictions of Gillman, Brooks, and Piercy despised flower, called a yellow weed by most observers. A trapped and voiceless bodily entity, like a…