Insider Giving, with Cindy Schipani
Mickey speaks with Cindy Schipani, Merwin H. Waterman Collegiate Professor of Business Administration & Professor of Business Law at the University of Michigan. We talk about insider charitable giving, a "worryingly widespread" practice that is quite harmful. "Increasing civil and criminal penalties does not work as a successful deterrent if there is substantial ambiguity about what is illegal insider trading," says Schipani. "This ambiguity...