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View Diary: Insider-Trading by a Top DeLay Staffer in Congress? (82 comments)

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  •  My thoughts exactly (8+ / 0-)

    This is already illegal, isn't it?  Are members of Congress exempt somehow?  Perhaps it is the information source that is the issue and that is what the bill addresses.  If it is regulatory information or industry information instead of actual company data, then perhaps the SEC rules don't apply?  For example, knowing the text of the Mediare Part D bill would have been good to beef up your pharm portfolio, prior to its passing.  

    Closed minds should come with closed mouths.

    by Pennsylvanian on Tue Mar 28, 2006 at 08:50:22 AM PST

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    •  Me too... (1+ / 0-)
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      I imagine that we could have assumed that those doing the peoples work could be trusted with the information they glean from their high power jobs. Isn't it a sad day that we have to have a law to protect us from greedy and unscrupulous staff?

      An army of sheep led by a lion would defeat an army of lions led by a sheep. - Arab Proverb

      by Esjaydee on Tue Mar 28, 2006 at 04:17:08 PM PST

      [ Parent ]

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