In the past, British authorities had taken a relaxed attitude towar...
Citations (1)
- The House of Morgan - An American Banking Dynasty and the whole source · open book
In the past, British authorities had taken a relaxed attitude toward insider trading, which wasn’t even a criminal offense until 1980. This laissez-faire attitude was incompatible with the new conglomerates encouraged by Big Bang. There were now fears that traders would abuse information from their mergers departments.
chapter: 34. Bang