Insider trading regulations and laws do not apply to members of congress and their staff by federal law.
More evidence of the fact we are now a FASCIST country.
They’re only getting up to 6 percent annually? That’s chump change, that’s barely the nominal dividend on a good stock.
Tangent to this Bush and Cheney put all their money in temporary Blind Trust with their financial planners at arms length and Cheney donating over 30 million in company stock and the "535" do not, scratch that, are not required to hire someone to act as a "fudicary" ( Yes Frank-en-stein's new mantra) ?
I am ready to puke....
btt
Being part of the government entity that gets to pick winners and losers has a tendency to enhance one's investment savvy. The prudent 'rat probably went long on GE, and shorted BP last year. After all, their own party gave preferential treatment to GE, while simultaneously bashing BP.
Just like Hillary Clinton’s astounding 1,000% profits on her cattle futures contracts - it is easy to make money when your broker breaks the laws for you and back dates your trades in the books after the gainers and losers are known.
BS.
There is no agency that tracks the “average investor’s returns” in the stock market.
Didn’t the Clintons make $100,000 off $10,000 in less than 6 months? With NO great financial awareness... The ‘press’ wasn’t interested in that story... wonder why?
EVen more than inside trading is this: they know when their decisions will rock the market. I’m sure they talk with their financial agents to trade, sell or hold before any vote they know is in the bag and will cause market calamity.
Go figure. And one wonders why we have so many problems in this country. When is the whole thing going to blow up in violence over all of the cheating?
Can't we be all for transparency?