Re:Former Equifax Executive Charged with Insider Trading
by candiodari on Friday March 30, 2018 @07:52AM
(#16715344)
You forgot the addendum:
No member of congress, the administration or closely related shall ever be punished for anything. For instance, for taking legal action to protect the very company this is about:
And I'm sure there were zero financial interests behind that decision.
You might say : this is not insider trading. I agree, this is much worse: this is taking legal action to protect their own financial interests after they were legitimately punished by the market. That's far, far worse and explicitly not what the legislative authority should be used for.
No member of congress, the administration or closely related shall ever be punished for anything. For instance, for taking legal action to protect the very company this is about:
https://techcrunch.com/2017/10/24/congress-votes-to-disallow...
And I'm sure there were zero financial interests behind that decision.
You might say : this is not insider trading. I agree, this is much worse: this is taking legal action to protect their own financial interests after they were legitimately punished by the market. That's far, far worse and explicitly not what the legislative authority should be used for.