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December 15, 2004

All Business -- What's up with all this insider selling?

  • Sales by insiders in November hit the highest level in more than four years.
    • By RACHEL BECK
    AP Business Writer

    NEW YORK — Talk about a double standard. While corporate leaders tout the benefits of investors owning their stocks, many executives seem to be running for the doors themselves.

    Selling of shares by insiders — which includes executives and other top officers and directors at a company — has been rampant in recent months, with sales rising to their highest level in more than four years in November.


     
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