Not going down with the ship.
Interesting research post the GFC from Sanjai Bhagat and Brian Bouton (http://leeds-faculty.colorado.edu/bhagat/BankComp-Capital-Jan2011.pdf) This research uncovered the following little gem – “The key finding is that chief executives were “30 times more likely to be involved in a sell trade compared with an open-market buy trade” of their own bank’s stock and “the dollar value of…
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