Well, its completely out in the open now, corruption is legal, written into the law. So there is no violation of law. Insider trading is legal for members of congress.
Democrat or Republican, they are two horns on the same goat. I suppose with enough time and resources one could track and follow the investments of congresspersons, and bet like they do, hoping for similar returns. It could be called the Congressional Hedge Fund.
Well, its completely out in the open now, corruption is legal, written into the law. So there is no violation of law. Insider trading is legal for members of congress.
Zero Hedge covered this back on May 29, 2011, see “Why A Hedge Fund Comprised Of Junior Congressional Democrats Should Outperform The Market By 9%” https://www.zerohedge.com/article/why-hedge-fund-comprised-junior-congressional-democrats-should-outperform-market-9
The above link has a 24 page white paper “Abnormal Returns From the Common Stock Investments of Members of the U.S. House of Representatives”
Today Zero Hedge has this post, “Congress Must IMMEDIATELY Pass HR 1148: The “Stop Trading On Congressional Knowledge” Act” https://www.zerohedge.com/news/congress-must-immediately-pass-hr-682-stop-trading-congressional-knowledge-act
Democrat or Republican, they are two horns on the same goat. I suppose with enough time and resources one could track and follow the investments of congresspersons, and bet like they do, hoping for similar returns. It could be called the Congressional Hedge Fund.