Former Netflix staffers charged for making$3m from insider trading

It is remarkable to think that after so many people have been nailed in the past decade for insider trading schemes, that this group of knuckleheads somehow believed that THEY had found the key! To say nothing of the fact that the regulators can see and follow the trading activity before and after every announcement of importance, of every public company. 

Just goes to show what a poor job we do teaching people that these concepts such as Karma, “You reap what you sow,” or the title of this book, are not vague or esoteric or spiritual concepts that may or may not apply to everyone, but rather an immutable truth of life and the ages. That poor teaching job is exactly why people make such wrong-headed mistakes. My hope is that the clarity on the subject in “What Goes Around Comes Around,” makes a contribution in turning that around!

~ Rob

The Wall Street watchdog has charged three former Netflix software engineers over an alleged insider trading ring that made $3m (£2.2m).

The ex-staff members and two close associates were named in court papers.

The US Securities and Exchange Commission (SEC) said confidential Netflix subscriber growth data was used in the scheme.

The information was allegedly used to trade the streaming giant’s shares ahead of its earnings reports.

The SEC alleged that Sung Mo Jun, a former software engineer at Netflix, was at the centre of a long-running scheme to illegally trade shares using insider information about the company’s subscriber growth.

According to the complaint, while working for Netflix in 2016 and 2017, he repeatedly passed non-public information to his brother and a close friend who both used it to trade ahead of multiple Netflix earnings announcements.

With R. Kelly on Trial

With R. Kelly on Trial


Kirkus Reviews, the gold-standard for independent & accurate reviews, has this to say about

What Goes Around Comes Around:

A stable, positive, non preachy, objective voice makes the book stand apart from others in the genre. A successful guide that uses anecdotes to reveal powerful truths about life.

~ Kirkus Reviews

“The author gives readers not just points or principles to ponder, but real human experiences that demonstrate them!
Kirkus Reviews

“I’ve read a number of books that focus on sharing a similar message, including “The Secret” by Rhonda Byrne, “The Answer” by John Assaraf & Murray Smith, “The Celestine Prophecy” by James Redfield, “Think and Grow Rich,” by Napoleon Hill, and I must say that I find Rob’s to be my favorite. – Sheryl Woodhouse, founder of Livelihood Matters LLC

Former Netflix staffers charged for making $3m from insider trading

Former Netflix staffers charged for making $3m from insider trading

Is it true that “What Goes Around Comes Around”? We may be getting close to another prime example of how that particular law of nature and physics plays out in the life of all humans, even those who have seemed impervious to its reach.

Now that the lengthy inquiry into accusations of sexual harassment and other improprieties related to the Governor’s handling of Covid, nursing-home data and state resources he may have illegally used to publish his book so quickly has advanced significantly, we’ll soon know the results of what at least appears to be a thorough and exhaustive investigation. There is always the risk of jumping the gun and assuming the worst, which we want to avoid in fairness to all parties, including the Governor.

From the current perch we all share of only having publicly available sources of info, it appears that Mr. Cuomo’s bluster and denials and the support he still has from political allies may see him through what appears to be the most significant threat he’s faced to his political career and legacy. If not, we’ll soon see another Governor’s career go down in ignoble flames due to their disbelief that those words applied to them, in spite of their use of them on many occasions to describe the plight of other people.

Drake Bell Given Two Years of Probation

Drake must have felt a sense of empowerment, the big star over the impressionable fan. It’s been called intoxicating and at the right time and place, with the right profile of a fan it might indeed have been just a “good time!”

But when that person turned out to be a minor it was a whole other ballgame and now Drake is someone who has been charged with the felony of attempted child endangerment. It lead to a plea deal including financial penalties, probation with various conditions for a minimum of two years and registration as a sex offender!

Have to ask though as we always should, is it possible its not so black and white? Were there mitigating circumstances? Had Drake himself been a victim of child abuse? Was this a one-off mistake or just one of a series? Does it indicate a much deeper problem and need for help, but with the proviso to also keep him away from other potential victims?

A deeper analysis might answer those questions and let us have a dose of sympathy. But in the end, sympathy or not, he made the choices! He lured her in! He pounced!

There’s at least one thing we can be pretty sure he didn’t have, which is the insight that whether there seems to be someone watching or not, that there IS something taking note.That something is the universal Law of Cause & Effect which explains every action/reaction in the physical universe and nature, but also applies to all human thoughts, words and actions and their consequences.

In our time and culture, the common vernacular for this principle in action is the expression “What Goes Around Comes Around.” Most of us use those words, perhaps many times, but only when describing someone else’s misfortune. We didn’t understand at first, but when the facts came out we could see why it happened!

However another truth is that, what is so easy to see in others can be so hard to see in ourselves. Unfortunately for Drake, he didn’t either! If he’d only read the book I wrote with that title he might not be in this fix!

The former star of the Nickelodeon series “Drake & Josh” had pleaded guilty to two charges related to a girl he met online. She attended one of his concerts in 2017.

https://www.nytimes.com/2021/07/12/arts/television/drake-bell-sentenced-child-endangerment.html?smid=em-share