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Monday, November 21, 2011

60 minutes- insiders- questions

1. what is your opinion of the topic of the video? Explain why.
I think its unfair because of the fact that the senators make money off knowing all this information and when we try to get the info its against the law. I believe that they should be treated like us supposedly we're all "equal" well that doesnt show everyone being treated equal. I think that if they get the info they shouldnt be able to make money off of it and we should be able to get the info as well without getting in trouble with the law.


2.What can you do about your opinion? How can you make your opinion count?
Im pretty sure i cant do anything about my opinion except voice it. But i could make it count by writing a persuasive paper explaing what i think about it and why they should change it up.


3. what is insider trading? what was the information that caused martha stewart to prison?
Insider trading- people knowing stuff about trades before the public. The info that caused martha to go to prison was the fact that she was an inside trader and she lied about inside trading. And her lying is the big part of why she went to prison.


4. what is black friday and when did it get its name? and what is cyber monday?
Black friday first got its name on October 29, 1929 the day after thanksgiving. It gots its name from the stock market being crashed and everyone losing their money. Black friday is when everyone goes out shopping becuase all the prices drop. Cyber monday is the following monday after Black friday and is the day for all the online shoppers to shop online because all the online prices go down as well.

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