Conspiracy

[Tim May]

On Saturday, May 3, 2003, at 08:33  AM, Jay h wrote:

>> The "actual agreement" can be inferred by a creative prosecutor *. I
>> don't remember the cases, but can dig out my criminal law case books 
>> if
>> pressed. As usual in these discussions, this applies only to the U.S.
>>
>
> Prosecutors have actually argued that people who talked about NOT 
> doing particular things were actually code talking about commiting the 
> crimes.
>
> Sheesh. we're all guilty.

A friend of mine described to me the theory of "insider non-trading."

You see, if Alice had planned to make a stock trade, but then learned 
something about the company which was insider information, her failure 
to then make the trade would be treated by prosecutors as "insider 
non-trading."



--Tim May
"That the said Constitution shall never be construed to authorize 
Congress to infringe the just liberty of the press or the rights of 
conscience; or to prevent the people of the United States who are 
peaceable citizens from keeping their own arms." --Samuel Adams