Pardon my bluntness, but if these numbers are accurate, then it appears to me that either: (1) Congress is home to some of the savviest stock-picking geniuses in the history of Mankind, or … (2) it’s full of crooks. On her congressional website, Rep. Slaughter quotes law firm partner and former SEC enforcer Thomas Newkirk, who points out: “If a congressman learns that his committee is about to do something that would affect a company, he can go trade on that because he is not obligated to keep that information confidential.” There’s no law against it….
Read more: Dear Congress: Please Stop Robbing Us — fool.com
