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...insider trading? If there’s not an investigation into these “executives” already underway, there should be.

by cfitz 7y ago

reilly3000 7y ago
How do we turn ‘should be’ into reality? From a tech perspective I feel like issues like this should have a public canonical ID. That would help regulators and reporters alike deliver information in a more clear, cost effective and accountable manner, disambiguation by default. Interested and affected parties could subscribe to updates on that key across the web.
- sdenton4 7y ago
  I think guillotines would help motivate more meaningful regulation. They're why we have this whole rule of law thing in the first place. If the plutocrats get too far out of line, they maybe need to be reminded of the alternative.
  - skyyler 7y ago
    Do you remember when France brought the guillotines out? It didn't end very well for the people...
    - reilly3000 7y ago
      Hey y'all let's bring it down. We're all on the same team. The rule of law and liberty team. The 'we're better than divide and conquer' team.
thephyber 7y ago
Already done.[1] Literally took me 10x longer to log into HN to comment than it took me to verify my vague memory of this event. In addition to the SEC litigation into the executives, Equifax did a company-wide investigation and found that one of the developers for that breach notification website (the one that provided tons of false positive and false negatives and was spoofed by a security researcher) traded using his SO's equities trading account before the breach was revealed. The company found him and he has also been prosecuted[2]. [1] https://www.sec.gov/news/press-release/2018-115 https://www.sec.gov/news/press-release/2018-115 [2] https://www.zdnet.com/article/equifax-engineer-who-designed-breach-portal-gets-8-months-of-house-arrest-for-insider-trading/ https://www.zdnet.com/article/equifax-engineer-who-designed-...

...insider trading? If there’s not an investigation into these “executives” already underway, there should be.

by cfitz 7y ago

...insider trading? If there’s not an investigation into these “executives” already underway, there should be.

How do we turn ‘should be’ into reality? From a tech perspective I feel like issues like this should have a public canonical ID. That would help regulators and reporters alike deliver information in a more clear, cost effective and accountable manner, disambiguation by default. Interested and affected parties could subscribe to updates on that key across the web.

sdenton4 7y ago
I think guillotines would help motivate more meaningful regulation. They're why we have this whole rule of law thing in the first place. If the plutocrats get too far out of line, they maybe need to be reminded of the alternative.
- skyyler 7y ago
  Do you remember when France brought the guillotines out? It didn't end very well for the people...
  - reilly3000 7y ago
    Hey y'all let's bring it down. We're all on the same team. The rule of law and liberty team. The 'we're better than divide and conquer' team.

thephyber 7y ago

Already done.[1] Literally took me 10x longer to log into HN to comment than it took me to verify my vague memory of this event. In addition to the SEC litigation into the executives, Equifax did a company-wide investigation and found that one of the developers for that breach notification website (the one that provided tons of false positive and false negatives and was spoofed by a security researcher) traded using his SO's equities trading account before the breach was revealed. The company found him and he has also been prosecuted[2]. [1] https://www.sec.gov/news/press-release/2018-115 https://www.sec.gov/news/press-release/2018-115 [2] https://www.zdnet.com/article/equifax-engineer-who-designed-breach-portal-gets-8-months-of-house-arrest-for-insider-trading/ https://www.zdnet.com/article/equifax-engineer-who-designed-...