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David Hilzenrath

Satisfactory Essays

Insider trading is essentially the trading of confidential information that is basically sold to the highest bidder. David Hilzenrath, a journalist, describes, “Given the scope of the allegations to date, we are not talking simply about the occasional corrupt individual, we’re talking about something verging on a corrupt business model…” (Hilzenrath). Hilzenrath is suggesting that Wall Street as a whole is being deceitful and doing more than they are letting the public know. Insider trading is not a victimless crime, it takes advantage of honest investors. It is easy to stereotype the rich as greedy due to how they attain their wealth through power but the middle class can be just as greedy by trying to live vicariously behind a mountain of

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