Posted On: 12/31/2016 6:11:54 PM
Post# of 72447
Where the article says: 'Congress and the SEC have unknowingly (?) helped keep the closet door closed.'
That is total crap. Congress has known forever. Remember that insider trading for Congressmen was legal. I know our current Sec. of State, as a Senator in 2003, was caught on camera calling in a trade after walking out of a meeting where a company was going to receive a govt. contract. He made $1m on that trade.
Here is more info: I know you know this. Follow the links after the article too.
http://www.businessinsider.com/congress-insid...rm-2011-11
Of course they will all deny any of this. Congress is where relatively the relatively poor become multiple millionaires. They know what happens with companies before the media does. DC is a money machine for all the insiders.
That is total crap. Congress has known forever. Remember that insider trading for Congressmen was legal. I know our current Sec. of State, as a Senator in 2003, was caught on camera calling in a trade after walking out of a meeting where a company was going to receive a govt. contract. He made $1m on that trade.
Here is more info: I know you know this. Follow the links after the article too.
http://www.businessinsider.com/congress-insid...rm-2011-11
Of course they will all deny any of this. Congress is where relatively the relatively poor become multiple millionaires. They know what happens with companies before the media does. DC is a money machine for all the insiders.
(4)
(0)
