Glencoe Accounting

Chapter 21: Accounting for Publicly Held Corporations

Extend: Matter of Ethics

Using Insider Information

• Visit the Web sites for the publications listed below and locate recent articles that focus on persons who have used insider information to advance their own financial interests.

• BusinessWeek
  www.businessweek.com

• Forbes
  www.forbes.com

• Select an article and write a brief report. Include details on how the person acquired and used the information. What implications does this type of activity have on the common investor? Include the source and date of the selected article.