Word: saying
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...That's not to say that illegal insider trading is necessarily rampant among hedge funds. Considering that the typical fund was down by double digits in 2008 - a year in which hundreds went belly up - there's reason to believe that cheating (or at least competent cheating) isn't standard operating procedure...
...line, though, between legitimate information-gathering and illegal insider trading is hardly a clear one. Technically, no laws ban trading on non-public information; prosecutions are based on legal theories that were developed in earlier court cases. "It's one of those areas where the courts say, 'I know it when I see it,' " says Gerald Lefcourt, a white-collar criminal defense lawyer in New York and past president of the National Association of Criminal Defense Lawyers. (See pictures of the top 10 scared stock traders...
...marijuana laws in the 1970s, the Reagan Administration's get-tough drug policies the following decade applied to marijuana as well. Still, the long-term trend has been toward relaxation. Since California became the first state to legalize medical marijuana in 1996, a dozen states have followed. Critics say the legalization of medical marijuana has sparked an underground pot culture in states that sanction its use - Los Angeles County district attorney Steve Cooley has estimated that there are about 1,000 illegally operated marijuana shops in that city alone. And although the Justice Department's newly unveiled policy will keep...
Nonetheless, many AIDS experts applauded the findings as a crucial starting point for further research. Some say that as slight as it was, the vaccine benefit discovered in the trial may eventually help scientists develop a workable AIDS vaccine - a goal that has eluded them for more than two decades. "Having this signal - even if it's weak and even if we're debating whether it's a real signal or not - is a source of great hope," said Nicole Frahm, an HIV specialist at the Fred Hutchinson Cancer Research Center in Seattle, while attending the annual AIDS vaccine conference...
Despite the guarded optimism of researchers, AIDS activists in the U.S. and Europe resent what they refer to as the "hype" surrounding the trial's results, which they think continues to raise questions - unnecessarily - about its significance. But specialists like Frahm say that was bound to happen. Against the relentless silence in the field of AIDS-vaccine research, even the tiniest signal from a lone Thai trial can sound like a fog horn...