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View Full Version : Democrook party guilty of insider trading?



LWW
05-26-2011, 04:07 AM
Will the cabal:

A - Realize that the democrooks are simply poverty pimps that have been riding the backs of the poor and middle class to phenomenal personal wealth?

B - Give the democrooks a pass just as they did when congressman Jefferson hid $90K of bribe money in his freezer?

C - Give the democrooks a pass just as they did when Clinton was found to be taking illegal campaign money from the Chinese communists?

D - Give the democrooks a pass just as they did when the regime staffed the White House with banksters?

E - Blame Bush?

<div class="ubbcode-block"><div class="ubbcode-header">Quote:</div><div class="ubbcode-body">It's no secret that members of Congress qualify as political insiders, but a new report strongly suggests that they also may be insiders when it comes to trading stocks.

An extensive study released Wednesday in the journal Business and Politics found that the investments of members of the House of Representatives outperformed those of the average investor by 55 basis points per month, or 6 percent annually, suggesting that lawmakers are taking advantage of inside information to fatten their stock portfolios.

<span style='font-size: 11pt'>“We find strong evidence that members of the House have some type of non-public information which they use for personal gain,” according to four academics who authored the study, “Abnormal Returns From the Common Stock Investments of Members of the U.S. House of Representatives.”</span> ...

In a 2004 study, the same professors found that U.S. senators also enjoy a “substantial information advantage” over the average investor — and even corporate bigwigs — when it comes to picking stocks. The latest study shows that members of the Senate outperform their House colleagues by an average of 30 points per month.

<span style='font-size: 14pt'>Despite the GOP’s reputation as the party of the rich, House Republicans fared worse than their Democratic colleagues when it comes to investing, according to the study. The Democratic subsample of lawmakers beat the market by 73 basis points per month, or 9 percent annually, versus 18 basis points per month, or 2 percent annually, for the Republican sample.
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CRIMINALS? (http://www.washingtontimes.com/news/2011/may/25/house-members-stock-market-success-questioned/)

pooltchr
05-26-2011, 07:01 AM
F. All of the above.



Steve

LWW
05-26-2011, 08:14 AM
Good call.