End of story.
No matter how much regulation and checks there are there will always be insider trades, and a free market will -- if allowed -- regulate itself.
My own concern in this matter is two things. That Bush's Harken got a sweetheart contract from a country trying to influence his father -- and while I would allow that, being for free markets, I do think that a President should have then said NO on account of it being just a mite too close to a bribe, and the current President clearly disavow such indirect but clear attempts to influence officials.
Secondly I am worried -- especially by the proposals just made -- that Dubya hasn't completely learned the lessons of the wonders of free market -- one that combines enforced high standards with regard fraud and bribery.
Elimiate the SEC and be tough on fraud and bribery. Encourage dividends by removing them from the corporate tax. Allow anyone to sell securities. Put Clinton in jail. -- That's my suggestion.