back to article Shocking: Former Amazon analyst fed frat brother insider info

A former financial analyst at Amazon.com pled guilty on Thursday to securities fraud for helping a former fraternity brother trade Amazon stock based on insider information. Brett D Kennedy, 26, a resident of Blaine, Washington, acknowledged that in April 2015 he provided confidential financial information – Amazon's Q1 2015 …

  1. Anonymous Coward
    Anonymous Coward

    Epic fail.

    Such a good opportunity sadly wasted.

    Millennials,eh?

    Don't know when to trouser the cash and STFU.

    1. Anonymous Coward
      Anonymous Coward

      Re: Epic fail.

      And don't know who to trust. Reading the link on Rezakhani, his initial fraud was unbelievably stupid, and doomed to failure from the outset, and he did several other identitwat frauds - read it if you haven't, there's so many levels on which he was bound to be caught out that its rather comic. So Kennedy's mistake (well, apart from himself being an untrustworthy crook) was passing information to a world class stupid crook who was bound to get caught.

      1. Doctor Syntax Silver badge

        Re: Epic fail.

        "So Kennedy's mistake (well, apart from himself being an untrustworthy crook) was passing information to a world class stupid crook who was bound to get caught."

        Yup. From TFA: "Mr Kennedy was little more than a kid (24) at the time of the incident, in 2015. He exercised very poor judgment in this case" He certainly did.

  2. ecofeco Silver badge

    Come now

    This is clearly a case of a productive, educated member of society, who has at least tried to improve their lives instead of being a lazy, no skilled leech, making a regrettable mistake.

    /s

  3. Pascal Monett Silver badge
    Coat

    "little more than a kid"

    Um, he was of voting age, legal drinking age and marrying age in every state of the Union. He also has the right to drive a two-ton mass of metal and plastic on public roads. He has had all those rights for a few years now, so cut the kid crap. He's an adult. He made a stupid decision, and I'm glad that he owned up to it and I wish him the best for his future, but please don't try the mewling maudlin kiddie angle.

    His biggest mistake was taking on Wall Street without realizing that only professional crooks have the right to have fun there.

  4. John Smith 19 Gold badge
    Unhappy

    "..without realizing that only professional crooks have the right to have fun there."

    Indeed. As anyone who has read "flash boys" would know.

  5. dieseltaylor

    Amazon presumably are not to be fined for having insecure control of market-busting quarterly reports. Well that is OK then because then there may be dozens of more successful insider traders - perhaps higher up the chain?!

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