临沂房产中介:美国政界金钱潜规则:众议员买股票稳赚
来源:百度文库 编辑:中财网 时间:2024/04/29 18:30:40
作者:记者 文章发于:新华网 点击数:
Are members of Congress getting rich by trading on insider information? Author Peter Schweizer’s new book, “Throw Them All Out,” says that they are, and the claims revealed within the pages of Schweizer’s book are already making waves throughout D.C.
One representative feeling the heat is Nancy Pelosi. In a ’60 Minutes’ investigation, prompted by revelations made in the book, the former Speaker of the House was confronted for buying stock in credit card company Visa as legislation to reform the credit industry was pending. Pelosi denied acting upon an investment based on inside information.
On an appearance on Fox and Friends on Wednesday, Schweizer said that in March of 2008, Visa was going public and it was impossible for individual investors to get shares. The Pelosis, however, managed to get 5,000 shares, allowing them to make hundreds of thousands of dollars in a few days.
Similarly, Senator John Kerry purchased shares of Citigroup and Bank of America right before the government bailed out the banking industry.
In another example, former Speaker of the House Dennis Hastert bought over 100 acres of farmland and put an earmark in a transportation bill to build a $220 million highway near his property, doubling the value of the land. He then sold the property, turning a profit of a couple million dollars.
Amazingly, members of Congress are exempt from insider trading laws, so while these actions aren’t illegal, many people say they seem unethical.
RELATED:
’60 Minutes’ Investigates Claims of Insider Trading on Capitol Hill; Report Alleges That Both Nancy Pelosi and John Boehner Trade With Inside Info
Are members of Congress getting rich by trading on insider information? Author Peter Schweizer’s new book, “Throw Them All Out,” says that they are, and the claims revealed within the pages of Schweizer’s book are already making waves throughout D.C.
One representative feeling the heat is Nancy Pelosi. In a ’60 Minutes’ investigation, prompted by revelations made in the book, the former Speaker of the House was confronted for buying stock in credit card company Visa as legislation to reform the credit industry was pending. Pelosi denied acting upon an investment based on inside information.
On an appearance on Fox and Friends on Wednesday, Schweizer said that in March of 2008, Visa was going public and it was impossible for individual investors to get shares. The Pelosis, however, managed to get 5,000 shares, allowing them to make hundreds of thousands of dollars in a few days.
Similarly, Senator John Kerry purchased shares of Citigroup and Bank of America right before the government bailed out the banking industry.
In another example, former Speaker of the House Dennis Hastert bought over 100 acres of farmland and put an earmark in a transportation bill to build a $220 million highway near his property, doubling the value of the land. He then sold the property, turning a profit of a couple million dollars.
Amazingly, members of Congress are exempt from insider trading laws, so while these actions aren’t illegal, many people say they seem unethical.
RELATED:
’60 Minutes’ Investigates Claims of Insider Trading on Capitol Hill; Report Alleges That Both Nancy Pelosi and John Boehner Trade With Inside Info
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