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Friday, March 23, 2012

Senate Passes Weakened Version Of Bill To Prevent Lawmakers From Insider Trading

It's been a few months since we last heard much about the STOCK Act, the legislation intended to close the loophole that has allowed lawmakers (and their aides) to profit from insider trading. Well, it's finally worked its way through the Senate, but not without losing a few teeth.

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1 comment:

lmclain said...

Actually, that would be "no teeth". It was, and is, a big show to make the people think these slimy thieves are going to stop theiving. Riiiiight. Next thing you know, they'll be putting themselves on the same health care conditions WE live with, placing themselves under the SSI program, making themselves accountable to the same laws they hold us to (i.e., Equal Opportunity Laws), and working all year with 1-2 weeks vacation. But that last part might not be a good idea, considering all the theft and bribery they get done in just 7 months.....