the.com/insiders
the people who know the ending while everyone else is still buying tickets.
means individuals with privileged, non-public access to information or influence inside a system, market, or group.
from the term crystallized in finance and law through insider trading, coined mid-20th century as regulators tried to name the unfair edge of knowing something before the ticker did.
legal linetrading on material nonpublic info is a federal crime
origin wordinsider first meant club member, 1840s england
sec ruleexecutives must report trades within two business days
ironyoutsiders often become insiders by exposing insiders
for instance
martha stewart — 2004 conviction over a well-timed imclone stock sale
raj rajaratnam — galleon group founder jailed 2011 for insider trading ring
enron executives — sold shares knowing 2001 collapse was coming
congressional stock trades — lawmakers routinely beat the market, stock act 2012 tried to stop it