Red Jacket was a Native American Seneca chief who was best known for his magnificent oratory skills which kept him in power despite strong criticism from his people, who believed he was double-dealing. ... His name Red Jacket comes from his wearing red<span> coats while on the British side after the American Revolution.</span>
The conclusion of the excerpt is that the narrator does not have facts and that all information provided is only suggestive that the referenced persons seem to have taken advantage of insider information.
The central idea of this excerpt hence is that there is a red flag being raised on the possibility that certain persons may have breached ethical principles that prohibit insider trading.
<h3>
What is a central idea?</h3>
A central idea is the dominant thought to which all other parts of a text relate to.
<h3>What is insider trading?</h3>
Apart from its connection to fraud or breach of fiduciary responsibility, insider trading per se refers to making financial investments based on knowledge that is unknown to others.
Such behaviors obviously should be regarded as ethically reprehensible since they adversely impact other people.
<h3>How does insider trading hurt others?</h3>
Insider trading reduces investor returns by negatively affecting market liquidity and raising transaction costs.
Additionally, because so many individuals have a stake in the financial markets—roughly half of American households own stocks directly or indirectly—most Americans are harmed by this activity.
Learn more about ethical principles:
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A tone is defined as the attitude of the speaker or writer towards his or her audience. From the given words above, the word that is not considered a tone word is the last option: logos. The word logos means an appeal to logic; it is a way of convincing people with the use of reasons.
The philosopher Socrates coined the Socratic Method in which questions and answers are asked in order to arrive at important truths. This method is also known as the Socratic debate.