Posted on 11/12/2011 12:53:38 PM PST by eglman
(CBS News)
Martha Stewart went to jail for it. Hedge fund honcho Raj Rajaratnam was fined $92 million and will go to jail for years for it. But members of Congress can do the same thing -use non-public information to make stock trades -- and there's no law against it. Steve Kroft reports
(Excerpt) Read more at cbsnews.com ...
What do you mean?
Congress gets hit the hardest!
When is the last time a citizen got censured????
Do you realize the utter HELL Charlie Rangel has gone through????
If Baird and Slaughter were the co-sponsors of the bill, I smell a RAT. In fact, I smell two. Baird made a corkscrew look straight!
I don't think so.
Something else is afoot. This story is indirection.
Just WHO writes these Laws anyway?.....no, wait....
Clean the House, and scour the senate! No more career ;politicians in either, especially not in the White House! If we can get conservative Cain in there he will need the cooperation of Congress (remember nit pickers, Congress is the House and the Senate) in order to attain President Cain’s goals for our economy, jobs, the suopport of Israel, bringing industry back on shore, and to get spending under control at home.
Let us dream with Cain! $$$ by check:
Herman Cain, Inc.
Friends of Herman Cain, Inc.
P.O. Box 2158
Stockbridge, Georgia 30281
Pleasr don’t fall under the evil spell of the Left.
Please do stick with the man with the plan who definitely can, HERMAN CAIN!
Consider that the only thing a common insider trader can do is buy or sell stock on information that hasn’t yet reached the general public. A Congressman can enact and adjust laws to benefit his investments, hamstring competitors with investigations, and steer appropriations in the proper direction.If anything, the punishment for a Congressman doing this should be worse, starting with immediate resignation
I would like someone to do research on members of Congress who make a killing shorting Stocks before the Meltdown in 2008.
I would like someone to do research on members of Congress who make a killing shorting Stocks before the Meltdown in 2008.
Can and does.
Diane Feinstein
Nancy Pelosi
Maxine Waters
Chris Dodd
Barney Frank
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