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Insider trading actually is illegal, even for members of congress.Why Nancy Pelosi is wrong about lawmakers trading in stocks
A few days back, House Speaker Nancy Pelosi said lawmakers should not be prevented from trading stocks.www.americanthinker.com
in the good old fashion blue blooded American way................insider trading. If its good enough for Soros its good enough for Pelosi.
Oh it is running thru most but not all of both parties.Insider trading actually is illegal, even for members of congress.
A few were recently convicted too!
But Trump pardoned them.
Difference is that Republicans are excusing it.Oh it is running thru most but not all of both parties.
Both sides are excusing it. Pelosi's husband being a prime example.Difference is that Republicans are excusing it.
You can't prohibit Congressmen from buying/selling stocks or business interests. You just have to ensure their portfolios are sufficently diversified.Why Nancy Pelosi is wrong about lawmakers trading in stocks
A few days back, House Speaker Nancy Pelosi said lawmakers should not be prevented from trading stocks.
in the good old fashion blue blooded American way................insider trading. If its good enough for Soros its good enough for Pelosi.
She and her fat boy have had bids directly on 10 successful IPOsWhy Nancy Pelosi is wrong about lawmakers trading in stocks
A few days back, House Speaker Nancy Pelosi said lawmakers should not be prevented from trading stocks.
in the good old fashion blue blooded American way................insider trading. If its good enough for Soros its good enough for Pelosi.
Not DIRECTLY purchasing IPOs themselves. I've never heard of it. It is so improperBoth sides are excusing it. Pelosi's husband being a prime example.
In principal I would agree, however the present system as it were is for the most part totally corrupted.You can't prohibit Congressmen from buying/selling stocks or business interests. You just have to ensure their portfolios are sufficently diversified.
One side is pardoning it.Both sides are excusing it. Pelosi's husband being a prime example.
IPOs are all too often sold at a heavy premium, a culmination of a pyramid scheme "going public." Experienced investors prefer seasoned issues that have traded on open markets for at least a year. They wait for a sag in the price and buy only if there's adequate support in the market for the price of the stock.Nearly always institutional investors dole out IPOs, no individuals ever buy direct themselves.
Both sides are excusing it. Pelosi's husband being a prime example.
I support prosecution of anyone who does so.colfax_m Congressmen from both parties take advantage of the information they are privy to for profiting on stocks. That's why they want so badly to stay in Congress forever. The longer they stay, the more connected they become and the fatter their wallets get.
