Carpenter v. United States: Did Being Gay Matter?

15 Tennessee Journal of Law and Public Policy 116 (2020)

13 Pages Posted: 2 Nov 2020 Last revised: 7 Apr 2021

See all articles by Ellen S. Podgor

Ellen S. Podgor

Stetson University College of Law

Date Written: October 30, 2020

Abstract

Carpenter v. United States (1987) is a case commonly referenced in corporations, securities, and white collar crime classes. But the story behind the trading of pre-publication information from the "Heard on the Street" columns of the Wall Street Journal may be a story that has not been previously told. This Essay looks at the Carpenter case from a different perspective - gay men being prosecuted at a time when gay relationships were often closeted because of discriminatory policies and practices. This Essay asks the question of whether being gay mattered to this prosecution.

Keywords: white collar crime, securities fraud, gay rights, GLBT, insider trading

JEL Classification: K14, K19, K36, K42

Suggested Citation

Podgor, Ellen S., Carpenter v. United States: Did Being Gay Matter? (October 30, 2020). 15 Tennessee Journal of Law and Public Policy 116 (2020), Available at SSRN: https://ssrn.com/abstract=3722042

Ellen S. Podgor (Contact Author)

Stetson University College of Law ( email )

1401 61st Street South
Gulfport, FL 33707
United States
727 562 7348 (Phone)

HOME PAGE: http://www.law.stetson.edu/tmpl/faculty/memberProfile.aspx?id=88

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