You need to be logged in to your Sky Poker account above to post discussions and comments.

You might need to refresh your page afterwards.

Spurs.

HAYSIEHAYSIE Member Posts: 36,472
Joe Lewis is in trouble in the US.

Comments

  • TheEdge949TheEdge949 Member Posts: 5,713
    Link please
  • HAYSIEHAYSIE Member Posts: 36,472

    Link please

    Tottenham Hotspur owner Joe Lewis charged over insider trading scheme
    Joe Lewis owns the Tavistock Group, with more than 200 assets across 13 countries, through which he owns Tottenham Hotspur and the UK pub operator Mitchells & Butlers. Forbes puts his wealth at £4.65bn.



    https://news.sky.com/story/tottenham-hotspur-owner-joe-lewis-indicted-over-insider-trading-scheme-12927500

  • lucy4lucy4 Member Posts: 8,141
    Spurs - The gift that just keeps on giving... :D
  • HAYSIEHAYSIE Member Posts: 36,472
    edited July 2023

    Link please

    Tottenham owner Joe Lewis indicted in New York over alleged insider trading

    https://www.youtube.com/watch?v=q0X-SuV9WLY
  • TheEdge949TheEdge949 Member Posts: 5,713
    Makes me laugh really.

    If I hear about an injuries or personal matters which will adversely affect performance at a sporting event, but that information is not in the public domain, and then use that information to make a huge sum of money via the markets, it's legal and I'm considered savvy.

    But, if I apply the same set of circumstances to stocks, shares, derivatives, or forex etc. I am subject to criminal proceedings.

    It's a bit like F1 in a way as nobody can gain an advantage without everybody else screaming foul.

    Business is all about taking advantage of exploitative positions and opportunities, do it at Cabinet or ministerial level and you get a cushy perked filled existence, do it in a boardroom with tacit Government approval and you get a Knighthood, do it at a trading desk and you get a prison cell and a criminal record.

    Double standards.

Sign In or Register to comment.