Nov
17
2008
Kudos to CEO Mark Cuban for Blogging About SEC’s Charges of Insider Trading
Posted in the Category of CEO Bloggers
Update: there are now 477 773 comments from readers on Cuban's post, many saying "I support you" - others quite critical.
Kudos to Mark Cuban, CEO of the Dallas Mavericks, for posting the following on his blog today. Proves the point that you can almost always say something on a CEO or corporate blog -- even if it's to say that you can't say much. In this case, by posting his attorney's letter, Cuban is being open about the SEC's charges of insider trading in 2004. And his decision to contest the charges.
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Comments
dave kellogg said on November 18, 2008 at 11:38 AM
debbie,
the really amazing things about this post (to me) are (1) the generally tremendous outpouring of support he gets in the comments and (2) his willingness to seemingly not moderate the comments—people are saying anything and everything.
but the net impression is huge support from audience.
Debbie Weil said on November 18, 2008 at 11:56 AM
Dave,
Thanks for pointing this out. I’ve updated my post accordingly. Here’s a question for you, as a CEO blogger: would you be this open? Or would you want to crawl under a rock? My take on it is that 1.) it’s not surprising Cuban handled it this way, given what we know about him and 2.) it would be damn scary to put yourself out there, knowing that people might pile on to be critical. Your thots?
www.freefor15.com said on November 29, 2008 at 02:26 PM
I think that some people are just out to get Cuban because of his antics and personality. He is a very smart business man and has created many positive things so why would be be so concerned about some minor deal of insider trading? It seems they are just using him for increased publicity since he is an outspoken character.
