4 ms·

Good point. Maybe all that’s needed is for better prosecution of insider trading for these guys? Of course the problem is the power they have to resist or medd

• giantg2 5y ago
  The biggest issue in enforcement efforts is not that they can meddle, it's that they are "one of us". They are insiders of the system and other insiders don't want to arrest or prosecute them because there are ulterior motives. One is that if they start arresting and prosecuting insiders for something like this, that may remove the longstanding customs that protect themselves from similar things. There's also the idea of upholding the offices they hold. For example, complaints against judges are so secret that they will not disclose information related to them even if they contain exculpatory information and you subpoena them. Why? Because secrecy is necessary to preserve the public's trust in the system. If anything, that secrecy and reasoning should make any rational person question the integrity of the system. There are also plenty of stories of high profile politicians blatantly ignoring any number of laws and putting people in danger (driving violations are extremely common).