Monday, January 23, 2006

I got your equity right here pal.

Prof: What are some arguments against allowing companies to disclose material non-public information to institutional investors?

2L: Because it would give institutional investors more information that regular investors.

Prof: So, what it is that like a "fairness" argument? Eww. You know I'm in a good mood because the Steelers won, but you're testing my patience here.

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