What would happen if I jumped the turnstile at my local tube station? Well okay, duck under in my case. Best case: people glare at me like I'm scum. [...]
All About Alpha has a post called Insider traders: rogues or whistleblowers? It is a pleasantly disturbing look at insider trading in that it challenges the reflex reaction that [...]
Except most of the time you get the cheese. The carry trade has been remarkably fruitful, even considering the periodic crashes.
http://www.nber.org/chapters/c7288.pdf
Steven,
Thanks for adding the reference.