What’s information worth? How about the cost of remodeling your bathroom?
“Ex-Barclays Banker Charged With Passing Inside Information to Plumber,” The Wall Street Journal, June 1, 2016 C1. A former Barclays’ employee was arrested for disclosing confidential deal information to his friend and plumber, in return for, among other things, a free bathroom remodel. Plumber allegedly got about $76,000 in illegal profits.
There’s a metric. The remodel was not so much free as “included.”
Is any information free?