pilfering is tips

Flag? You can’t handle flag.

America is not a clean country, none are, we human society, thus you must know >corruption<.

Yves Smith

Yours truly has complained off and on over the years about ‘consulting’ and ‘research’ firms whose entire business model revolves around the procurement and sale of inside information.

These companies solicit consultants, who in the vast majority of cases are employees of major corporations, to provide insight into what is going on at their employer’s operations.

These vendors are generally smart enough to make their consultants sign various waivers, which have the effect of shifting liability on to the hapless chump paid a couple of hundred dollars an hour for an hour or two for information worth vastly more than that.

They are effectively exploiting the contract worker’s lack of understanding of the finer points of SEC regulations and corporate policy.