The big news today is that Mark Cuban is being charged with insider trading by the SEC. During the course of the day, a lot has happened, including a response from Cuban, and now a report by the NYT that someone in the SEC might have been out to get the Mavericks’ owner because of his support for some kooky 9/11 conspiracy theory movie.
I’ve been pleased with the way our new categorization system is handling the news, indexing many of the key stories in our “Cuban” category. There’s still much work to be done and tweaking of our algorithms, but this is a great example of what it’s supposed to do: capture a wide variety of stories that people are sharing about they key news topics of the day.
_adam
One Response
Bonzer Wolf
17|Nov|2008 1Mr. Cuban called the government’s allegations false and indicated a belief that SEC staffers were out to get him. He will will vigorously fight to prove his innocence. Me thinks this is just another example of the feds unfairly making an example of a high-profile citizen who has dared to publicly call the SES out. $750,000 is chump change to Cuban and he has never made a secret of his sale of mamma.com stock when the company considered going private. Mr. Cuban has been a critic of the federal government in general and the SEC in particular.
I hope that Mr. Cuban will support the Libertarian Party with some of his billions. Government at all levels is too large, too expensive, woefully inefficient, arrogant, intrusive, and downright dangerous. Democratic and Republican politicians have created the status quo and do not intend to change it. http://www.lp.org
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