Reply to post: Re: ?

Internet world despairs as non-profit .org sold for $$$$ to private equity firm, price caps axed

Jellied Eel Silver badge

Re: ?

While I am not pointing the finger at any one person a set-up like that is virtually a licence for insider trading. Certainly it does nothing to prevent the possibility. It does indeed stink of corruption.

With the amount of money at stake, it's perhaps unsuprising stake holders decide they want it for themselves. I'm hoping the US's previous warnings about conflicts of interest will now turn to enforcement action, and Ethos and other offices are in US jurisdiction. As well as insider trading, this also stinks of self-dealing.

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