A judge who overturned a $72 million verdict against Boeing disclosed he bought and sold Boeing stock while hearing the case — but says his wife's IRA was to blame
www.businessinsider.com
A judge who threw out a $72 million verdict against Boeing said the case wasn't impacted by a financial advisor's trades of Boeing stock last year.
  • Adlach@lemmygrad.mlEnglish
    7·
    3 months ago

    Yeah as much as I’d like to hate on the American justice system this is a nothingburger. My retirement account probably has Boeing in it too considering I set it to buy the S&P 500 and never thought about it again.

      • Adlach@lemmygrad.mlEnglish
        2·
        3 months ago

        If only. Things would go a little different.

        No, my point is that unless you’re day trading, chances are you just use an index fund and have virtually no control over what you’re investing in.

        • GreatSquare@lemmygrad.ml
          1·
          3 months ago

          If the judge has no control, how did he buy and sell the stocks? He (or his wife) was “advised” completely independent of the case he’s on?

          Pelosi’s husband makes a lot of stock moves too.

          “No biggie guys! It was my stupid wife just making money accidentally!”