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Bank Insiders Made Out Like Bandits

This is a very misleading article. You have include Net Shares option exercises in your sell figures. Actual investment bankers and traders exclude these transactions.

We an employee exercises in the money stock options, they incur a tax obligation. Employees will therefore exercise their options and immediately sell shares to generate the cash to cover the tax obligation. They often hold the remainder of the shares.

To call these sell transactions is flat out wrong. Employees are actually acquiring as many shares as they can without dipping into their pocket to pay the taxman. This was especially true for Monzilo. I think we can all agree that he profited while other shareholders got nailed, but your analysis is far from the correct way to demonstrate the point.