The biggest insider trade of the year has just been executed before our very eyes thanks to a monumental government leak. Word of the Budget measure to hit the banks with a $6 billion tax hike spread through the market late yesterday, wiping $14 billion off the value of the banking sector. Now, bank stocks … Continue reading Banks, the tax and the $14 billion insider trade
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Banks, the tax and the $14 billion insider trade
The biggest insider trade of the year has just been executed before our very eyes thanks to a monumental government leak. Word of the Budget measure to hit the banks with a $6 billion tax hike spread through the market late yesterday, wiping $14 billion off the value of the banking sector. Now, bank stocks … Continue reading Banks, the tax and the $14 billion insider trade