Teenage Stock Manipulator

2001-07-18 15:04 ☼ post

My mom had mentioned seeing something about this on 60 Minutes recently, but I hadn’t seen or heard anything about Jonathan Lebed: Stock Manipulator, S.E.C. Nemesis — and 15 until I came across this link to the New York times article. I’m not quite sure what my opinion of the matter is because the article’s author does have some interesting insights into the S.E.C. and the modern stock market that I hadn’t been exposed to before. There’s no question that financial analysts influence the market every day, and even if they aren’t directly profiting from the information they’re dispersing it’s not as different from what Jonathan Lebed did as the S.E.C. would make it out to be.