Tuesday, November 15, 2011

Insider trading on capital hill - mostly harmless...

So says a recent article.   Basically, the practice is harmless in the big picture and is probably not worth worrying about.  

Personally, I take a different view - seeing our elected leaders use their positions to make money off other investors doesn't really create confidence in our democratic process.

Remember that when someone profits from insider trading, someone else is loosing out - in this case the people who voted these leaders into office.