Peter Kafka

Recent Posts by Peter Kafka

SEC Files Insider Trading Charges in Disney-Marvel Deal

The Securities and Exchange Commission has charged a California man with insider trading in the run-up to the 2009 Disney-Marvel deal. The SEC says Toby G. Scammell took advantage of his girlfriend, an “extern” working at Disney’s corporate strategy department, to learn about the company’s $4 billion acquisition of the comic book company, and used the information to make a $192,000 profit trading call options. The SEC hasn’t charged Scammell’s girlfriend, who it describes as “exploited,”. Press release; complaint (PDF)


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Another gadget you don’t really need. Will not work once you get it home. New model out in 4 weeks. Battery life is too short to be of any use.

— From the fact sheet for a fake product entitled Useless Plasticbox 1.2 (an actual empty plastic box) placed in L.A.-area Best Buy stores by an artist called Plastic Jesus