When the SEC gets done with him, the price of the Cubs will be cheap compared to his legal fees.
Open thy wallet Markie, you're in for quite a ride.
Say what you will but he has completely turned around the Dallas Maverkicks. He took control of a terrbile franchise that was at the very bottom of the NBA and now they mix it up with the best of Western Conference teams. I think Mark Cuban buying the Cubs is exactly what that franchise needs right now. Mark my words, if Mark Cuban buys the Cubs they will have a penant within 10 years.
you have to wonder why people like Cuban and Martha Stewart, worth hundreds of millions of dollars, would risk going to jail over making/saving 250k, via insider trading? Do they have some kind of 'greed gene' or out of control view of reality? 250k to them is like 100 bucks to you or me. What we risk a year in jail and the chaos and humiliation to our lives over saving or not losing 100 bucks? what are these nuts thinking?
I know, he would be good for them, that's why I'm pissed.
This looks like a civil complaint by the SEC, so it won't have a Martha Stewart ending, but it gives all the tight ass MLB owners and excuse to keep him from buying the team.
Cuban could probably shit $750,000 and have a clean wipe...it's a civil suit. no biggie.
but he will always be known as a cheat.
Just read the about the SEC investigation. That's so dumb on Cuban's part. $750,000 is nothin to a billioniare. What a dumb arss.
In the biz wrote:
When the SEC gets done with him, the price of the Cubs will be cheap compared to his legal fees.
Not really. He will settle for a few million. It's not a big deal.
The Fridge wrote:
but he will always be known as a cheat.
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And a self-made billionaire.
Poorer people always make the ethics and honesty speech as a reason for not making it rich.
RedFred wrote:
Mark my words, if Mark Cuban buys the Cubs they will have a penant within 10 years.
Just like the Mavs?
exactly... wrote:
you have to wonder why people like Cuban and Martha Stewart, worth hundreds of millions of dollars, would risk going to jail over making/saving 250k, via insider trading? Do they have some kind of 'greed gene' or out of control view of reality? 250k to them is like 100 bucks to you or me. What we risk a year in jail and the chaos and humiliation to our lives over saving or not losing 100 bucks? what are these nuts thinking?
more to the point, why does the SEC and then the mainstream media choose to smear these individuals publically to make an example of the agencies righteousness---meanwhile AIG/C/LEH/BSC/ENR?FNM/FRE insiders walk away with millions and billions while shareholders are left wiped out
The Mavs made it to the finals which is a far cry from where they were with Ross Perot.
Funny Cuban story:
Back in high school, my little brother somehow got Cuban's personal cell phone number. He gives the man a call, not really to harrass him, but to just see if the number is real. Well, Cuban blows his lid and starts screaming: "How did you get this number?"
My brother chuckles and hangs up. Well, Cuban starts harrassing my brother. He calls him up several times over the course of a week to yell at him.
Can someone explain why Cuban's case is a civil one yet Martha Stewart's was a criminal one?
As a Mavs fan I can say he would be good for the Cubs but that is unrelated to this.
wejo wrote:
Can someone explain why Cuban's case is a civil one yet Martha Stewart's was a criminal one?
As a Mavs fan I can say he would be good for the Cubs but that is unrelated to this.
My understanding is that the Stewart criminal case did not come about until she lied to the FBI while they were investigating her. In other words, I believe that if she hadn't lied there never would have been a criminal case and she would have merely paid a fine.
Now the MLP owners have an excuse besides "He is not a Jew".
Innocent until proven guilty........
and as someone who has had issues with the sec i can say they want to win at any cost even if they have to engage in malicious prosecution.
Typical government bull....they spent money investigating it and don't want to get reamed if it doesn't pan out
RedFred wrote:
Just read the about the SEC investigation. That's so dumb on Cuban's part. $750,000 is nothin to a billioniare. What a dumb arss.
Well, I guess I wish I was a dumbarss like him....
Wejo, he still could be charged criminally. It's up the the areas US Attorney. That's why he has to be careful in what he says now, because this is the worst time to piss anyone off in the government.
this has been ongoing for a couple years now. cuban has blogged about the SEC investigating this for quite a whilecertain govt officials have been very upset that he funded a 9/11 conspiracy film, supposedly Cuban has emails from an SEC insider that show they were out to get him at any cost
In the biz wrote:
Wejo, he still could be charged criminally. It's up the the areas US Attorney. That's why he has to be careful in what he says now, because this is the worst time to piss anyone off in the government.