I actually had not yet read it, PG, but thanks for highlighting it for all of us. In my view, being informed is a good thing, if not essential, and in that sense it helps make the playing field more equal by providing more accessibility to info for all. Also if the pie stays the same size and I have to give up a little to share with more other people, than that's fine too. I can live with that- somewhat happily.
BTW- Today Dow Jones pulled out of a DLJ conference because reporters were not allowed to cover the sensitive investment information to be presented to analysts. They stood alone in pulling out. Only the NY Times made a statement saying they would not partake and support the conferenc next year unlees it is opened up to provide equal access to info for all. Thats why the WSJ and NY Times are the number 1 and two papers I read- integrity and fairness!