Tales Of A Fifteen Year Old Stock Scammer

from the it's-all-relative dept

This is one of the more fascinating news articles I’ve read in a long time (that’s my way of saying if you read any of the articles linked on Techdirt today – this one is probably the one to read). A few months back we had posted about a kid who had been caught by the SEC manipulating stocks – but who ended up getting to keep about half a million of his gains. Now, Michael Lewis has written up the story in significantly more detail. He talks to everyone involved and you begin to understand exactly what this fifteen year old kid was doing – and realize that the SEC (he speaks to some of the top guys) is a bit on the clueless side. They seem to insist that this kid is a bad seed, but don’t seem to know him, or really understand what he did.

Add Your Comment

Your email address will not be published. Required fields are marked *

Have a Techdirt Account? Sign in now. Want one? Register here

Comment Options:

Make this the or (get credits or sign in to see balance) what's this?

What's this?

Techdirt community members with Techdirt Credits can spotlight a comment as either the "First Word" or "Last Word" on a particular comment thread. Credits can be purchased at the Techdirt Insider Shop »

Follow Techdirt

Techdirt Daily Newsletter

Techdirt Deals
Techdirt Insider Discord
The latest chatter on the Techdirt Insider Discord channel...