Thursday, February 12, 2004

Bay Street?

Maybe a reader can enlighten me. From the seminal insider trading case SEC v Texas Gulf, 401 F3d 833, "The speculators and chartists of Wall and Bay Streets are also 'reasonable' investors entitled to..."

What and where is "Bay Street"? This case is from 1969, so it may be that Bay Street has since fallen from glory.

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