Originally published at: Under investigation for insider trading, Musk feels the SEC is really there to chill his political commentary | Boing Boing
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Elon Mush, accept no substitutes.
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This week in “Get To Know Your American Oligarchs”
We feature yet another billionaire who thinks knows his riches entitle him to special treatment under above the law.
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My dim understanding is that this sort of insider trading is pretty pervasive, but is harder to catch unless someone is really blatantly vocal and already under some scrutiny.
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Elon Musk (CEO, Tesla, Inc.): (On issue affecting Tesla) “I do not speak for Tesla.”
SEC: “Uh, sure buddy…”
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He’s admitting that he wasn’t competent to analyze and approve that agreement.
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