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Blind trust would be the most logical solution. You can put $X into the trust, but you never know which companies that money is invested in. When you ask for $
by ldoughty 3y ago
Blind trust would be the most logical solution.
You can put $X into the trust, but you never know which companies that money is invested in. When you ask for $Y to be paid out, the manager of the fund sells what they see fit to fulfill the request without the client's involvement/input
- ghaff 3y agoThat's probably the most appropriate solution in at least some cases. Once you get to a certain level of government you may have at least some influence on interest rate changes or otherwise have early knowledge of events that can move the market as a whole. The fact is that there are a lot of jobs that, at a minimum, place a lot of restrictions on the purchases and sale of stock of individual companies. (Many journalists and analysts for example.)
- _ea1k 3y agoDoes this also work for interests in privately held companies, including the ones that said congress person may have had before being elected? Or that they may start while in office? Or are we saying that a person in congress is not allowed to start a business?