Transcripts for CNN The Eighties 20240604 06:44:00 : vimarsa

CNN The Eighties June 4, 2024 06:44:00

call now 800-710-0020. robinson: the financial scandal causing increasing concern involves investors who make killings on wall street not because of luck or skill, but because of inside information not available to anyone else. martin: this coded document might be a secret earnings report showing disastrous losses or a confidential assessment of future profits. if you are one of the 32 million americans who own stock, such information can either cost you money or earn you money -- perhaps millions of dollars -- if you find it out first. in either case, it is illegal. the single biggest currency on wall street has always been information. and in the '80s, that information was trading back and forth. and investors were talking to their buddies they went to business school and law school with, who were actually working on these deals, to find out. it was pervasive. feldman: the security and exchange commission, which monitors potential abuses,

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