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Filtered on: #InsiderTrading > showing 2 comments covering 100 days


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sThis #InsiderTrading case against Cuban was dismissed in 2008 but resurrected in 2009 by an appellate court during the peak of the latest financial meltdown where NOT ONE BANKER went to jail and where we still to this day have these big banks slapped with criminal penalties for $100s of Millions and no jail time for execs. Members of Congress and their staff are exempt from the insider trading activity conducted during their market moving legislation efforts. Some #Corrupt members of the system have it in for Cuban obviously. #Hypocracy
&neo 2013-10-17  


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with very little fanfare, Congress quietly rolled back a big part of the law late last week. Specifically the part that required staffers to post disclosures about their financial transactions, so that the public could make sure there was no insider trading going on. Congress tried to cover up this fairly significant change because they, themselves, claimed that it would pose a "national risk" to have this information public. A national risk to their bank accounts. #Congress #Exempt from #InsiderTrading Laws.
&neo 2013-10-17  


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