Disagree. If you earn a few millions or so a year, a few hundred thousand dollars quick and easy is still a nice sum to get for quasi free. Plus not very difficult to imagine that some not extremely high up people likely enough had hints as to what they might be directly involved with soon.
FWIW empirical example: A few years ago the super well regarded head of prestigious Swiss National Bank had to go because of alleged dollar/franc insider trading (executed by his wife via arts) when questions of down-pegging the value of Swiss franc to weaker EUR was a daily question with gains of—if I rmbr well—a few ten thousand dollars or so from the trade.
Disagree. If you earn a few millions or so a year, a few hundred thousand dollars quick and easy is still a nice sum to get for quasi free. Plus not very difficult to imagine that some not extremely high up people likely enough had hints as to what they might be directly involved with soon.
FWIW empirical example: A few years ago the super well regarded head of prestigious Swiss National Bank had to go because of alleged dollar/franc insider trading (executed by his wife via arts) when questions of down-pegging the value of Swiss franc to weaker EUR was a daily question with gains of—if I rmbr well—a few ten thousand dollars or so from the trade.