Why Doesn’t The Advertising Business Care About Insider Trading?
Hedge fund billionaire Raj Rajaratnam went to jail. So did the Gordon Gekko-inspiring 80s icon Ivan Boesky. And then there was Martha Stewart…
Why? Because they were all caught trading stocks using privileged information about the stocks being bought and sold -- information that the people being bought from and sold to did not have themselves. In the financial world, that's called insider trading.
In the media world, it's called an "exchange."