U.S. Senators get lucky with stock picks

Discussion in 'Economics' started by wilburbear, Jul 3, 2010.

  1. Unlike other federal employees, members of Congress are not required to recuse themselves when they have a financial interest in an issue they are legislating.

    Nothing more needs to be said.

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    Just for the heck of it, a Congressperson has an account at any brokerage. Ya think brokers or the entire firm is not going to make the same trades as when the Senator trades a particular issue. Of course they will. Probably good business to give the Senator a few trades n/c.