Dallas Mavericks
owner, celebrity
dancer, Dairy Queen
manager, and bloviating billionaire Mark Cuban has been
accused of insider trading. In its
complaint, the U.S. Securities and Exchange Commission accused Cuban of selling his entire stake in
Momma.com (since
renamed) to avoid a $750,000 loss in 2004. But not even the government has a gag big enough to cover Cuban's mouth.
On his
blog, Cuban says the SEC is
picking on him and presented an
excerpt of a deposition of Mamma.com's CEO.
And Cuban would like you to believe that he's being
politically persecuted for his support of the 9/11 conspiracy film, "
Loose Change." Cuban's
Magnolia Pictures, which
redacted Redacted, was
said to be interested in a distribution deal.
posted by up in the old hotel
on Nov 19, 2008 -
42 comments
