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...Mark Cuban, the guy, is just a shareholder - he has no obligation," says Jonathan Macey, a professor of securities law and deputy dean at the Yale School of Management. "The critical question is if anything happened in that phone call that gave rise to a promise." Under an SEC rule adopted in 2000, if Cuban agreed to keep the information confidential, then he had a "duty of trust or confidence...
...brought charges against Cuban under a particular legal theory - but the legal theories around illegal insider trading have a long history of getting rewritten in the courts. "He's an interesting guy for them to have picked. He's not going to roll over and play dead," says Bainbridge. "If he wants to, he has the resources to take this case all the way up to the Supreme Court." If it comes to that, the case could take on real significance...
Fine. But aggregation has become a hall of mirrors. "Did you see Romenesko this morning? Yeah, very interesting. He's got a link to a piece in LA Observed that links to a column on the London Times website where this guy says that a Russian blogger is saying that Obama will make Sarah Palin Secretary of State...
...Sounds true. Where did the Russian guy...
...contributed hugely to the reduction of violence in much of the country. Petraeus sold Washington on the surge, but it was Odierno who gave him something to sell. "It is clear that by late 2006, he was as important as Petraeus, if not more important, because he was the guy on the ground," says Michael O'Hanlon of the Brookings Institution...