This is a pretty clear example that the comment threads have seriously gone downhill.
You can't have one rule for companies you like and another for companies you don't.
I like many HN'ers am a startup founder, I'd be horrified if someone baselessly accused my company of advocating criminal activities. I don't care if the company being wrongly accused is Goldman, Microsoft, AOL or some tiny startup. Wrong is wrong.
While such behaviour might be tolerated in other online communities, it should have absolutely no-place on HN.
And yes. You most certainly can have one rule for companies who are multi-billion-dollar bad actors, and other rules for companies which, well, aren't.
This isn't complex.
If I keep acting inappropriately, I can't blame anyone but myself for rumors that pass around about other inappropriate behavior. It's life.
If you seriously think what I posted is libel, sue me. No, really. I'll be easy to find; just search nearby hospitals for the guy who was admitted because he was unable to stop laughing.
What a joke. Did Goldman pay you to defend them here? If so, your salary needs to be reduced.
I was making a general point about how financial firms in general have miraculously escaped any prosecution or financial consequences for the crisis they caused. I think it was a valid point. In any case, an opinion, voiced in the conditional, is about as far away from "libel" as can be imagined.
> Insider trading is a criminal offence
The update in the article suggests that the trades may have been done prior to any non-public information about Goldman's valuation.
BTW, there is a good discussion about the (il)legality of insider trading for privately held companies over at Quora: http://www.quora.com/Do-insider-trading-laws-apply-to-privat...
Insider trading is a criminal offence, if you're going to accuse a company of advocating it you should probably have solid evidence.
If you wanted to make a general point about how you think investment banks are unethical, then use the term investment banks.
Naming a real company and accusing them of illegal behaviour just to make a point isn't a good idea.