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Old 06-24-2012, 09:16 PM
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Boreas Boreas is offline
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Join Date: Nov 2009
Location: Sonoma County, CA
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Quote:
Originally Posted by bobabode View Post
Yeah in most circles it's called insider trading and a felony.
Slightly worse, actually. Usually, a case of insider trading revolves around acting on some sort of confidential information that tells you in advance of something that will affect the value of a stock. What Congress does is create those conditions. That allows them to buy a stock prior to an increase that they set in motion or to set in motion things which will enhance the value of stocks they already own.

John
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