Re:Many believe it's time to do away with lawmakers making s...
by camjohnson26 on Friday September 24, 2021 @10:27AM
(#28642893)
I wouldn’t make it a Republican/Democrat thing since that’s guaranteed to start a flame war, Pelosi’s husband is the highest profile culprit but as you said corruption is widespread.
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Re:Many believe it's time to do away with lawmakers making s...
by lastofthemojito on Friday September 24, 2021 @10:41AM
(#28643076)
Pelosi's husband isn't a lawmaker himself though ... which makes me wonder, if there was a ban on lawmakers (and their spouses) actively trading, I wonder if we'd see divorces of convenience. "Oh sure, my ex-husband (and now boyfriend) trades stocks, but that's none of the public's business". Gotta think people who have an edge that can help them get rich(er) will do anything within the letter of the law to keep that edge, rather than you know, comply with the spirit of the law.
Re:Many believe it's time to do away with lawmakers making s...
by camjohnson26 on Friday September 24, 2021 @11:45AM
(#28643977)
My company got acquired by a big 4 accounting firm and the rules for independence are pretty strict. Some people left after the acquisition because they were living with a partner, unmarried, who would be required to sell stocks under the independence rules.
Re:Many believe it's time to do away with lawmakers making s...
by Consultant32452 on Friday September 24, 2021 @10:44AM
(#28643117)
Courts are pretty good at not letting people get away with these sorts of "loopholes." Judges tend not to interpret the law like an autistic person.