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Insiders Spent 2004 on the Sell Side

 

Editor's Note: This is a bonus story from Jon Markman, whose commentary usually appears only on RealMoney. This column originally ran on RealMoney on Jan. 18. We're offering it today to TheStreet.com readers. To read Markman's commentary regularly, please click here for information about a free trial to RealMoney.


Even if 2004 wasn't the best year for your portfolio, it sure was for a lot of U.S. corporate executives and insiders. According to Thomson Financial data, last year was the second most lucrative on record for insiders as they sold $41 billion worth of their shares to the public, a figure that was up 40% from 2003. ...

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