5 ms·
There have been some rather weird price moves in some stocks relating to various congressional committees apparently tipping off people before the info was publ
by JaimeThompson 7y ago
There have been some rather weird price moves in some stocks relating to various congressional committees apparently tipping off people before the info was publicly released.
While I can't find it right now I recall studies that showed that the typical return on a Senator's investments was at least 11% greater than would be expected which is a data point to take into consideration.
I do agree it is all very interesting and will read more of his works when I have time.
- ksdale 7y agoThat's an excellent example! Thank you.
- IAmEveryone 7y agoSo... Congressmen are paying lobbyists to lobby... congress?
- inscionent 7y agoMore, congress and their friends like to make side money.
- spoonie 7y agoWasn’t this specifically made illegal back in 2012? https://en.m.wikipedia.org/wiki/STOCK_Act https://en.m.wikipedia.org/wiki/STOCK_Act