With the government more and more entrenched in the economy, is it any wonder that Congresspeople can pick stocks when they know what legislation they are going to pass that will change industries?
Well, they shamelessly profit from it.
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Body Count goes to Vegas! Ernest Scherer III was a Vegas loser who fancied himself a professional poker player. Doesn't that photo tell ... -
UPDATE: Edited to remove the guy's name. I hope nobody harasses him or his employer. He was good-natured and his sign was innocuous a...
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And who would investigate something like this, oh, yah, no one. Certainly not the media or the Justice Dept.
It's actually legal, unfortunately.
Trading on company insider information is illegal, but trading on legislative or regulatory insider information isn't
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