Insider trading, why it's ok for them, but not us

by Phil Askey on August 03, 2009 | TrackBack (0)

<rant>

Not a week goes by without one publicationblog or another leaking information about new products.  These leaks are often second hand from "some site in another territory", so that's ok.  Well actually, no it's not.  These publicationsblogs will often be treated to the same level of pre-disclosure as us, in some cases earlier, where for instance US marketing departments decide to share information earlier than in Europe.  These publicationsblogs therefore already know that a new product is coming (or at worst have a way to check), but because some small off-the-radar site in Outer Mongolia happens to have leaked it it's now ok for them to present that to their millions of readers.  And that's the difference, "Joe's Blog" in Outer Mongolia will be read by nobody, but putting on your front page isn't ok when you know full well a leak is "real".

What irks us most is that this goes on week after week without so much as a 'tut tut' from the manufacturers who clearly need to get better control of their marketing departments.

God forbid we were to ever behave like this.

</rant>

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