alt Hacker NewsBecause this hypothetical memo was paid for by our tax dollars, not your own private money! That means it belongs to the American people, not individuals for their private gain. Using it for your own gain would be theft from the American public.
In this hypothetical case, of course. There is no evidence that such a memo exists. But if it did...
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airstrike • yesterday at 3:59 PM
A travesty, to be sure, but not insider trading.
> That means it belongs to the American people, not individuals for their private gain.
This is a strong case that there ought not to be any such thing as a secret opinion or confidential advice from the White House OLC - and I agree with that opinion if that's what you're saying.
But it doesn't transform the information contained therein to nonpublic.
I'm not saying this whole thing wasn't a total scumbag move - it was - but it's not quite the same crime as insider trading.