Money Stuff: A good reputation is expensive

Also, 13(d) rules and insider trading cops. Matt Levine reflects on why the plan to take Trump Media & Technology Group public can be seen as a way out of repetitional risks, or how companies such as Microsoft and Facebook have also brought controversial companies at a discount price to monetise them. The popular columnist also discusses the issues with stock acquisition when big investors, known as activist hedge fund managers, can make a stock go up by buying it, notably whilst other trade employees will be arrested for similar acts.