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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsSenate passes weakened version of STOCK Act
http://www.rawstory.com/rs/2012/03/22/senate-passes-weakened-version-of-stock-act/The Senate on Thursday voted 96 to 3 to pass legislation that prohibits member of Congress, their staff and all federal employees from using non-public information to trade stocks.
With passage of the STOCK Act, members of Congress and their staffs can no longer use inside government information to make money in the stock market, Sen. Scott Brown (R-MA), who proposed the bill, said. Insider trading is wrong, whether it happens on Wall Street or on Capitol Hill. The passage of this legislation is an important step toward restoring trust in our government.
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WAIT A MINUTE!!! Didn't Martha Stewart go to jail for something simliar to this? And until Last night it was LEGAL for them to do it?!
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Senate passes weakened version of STOCK Act (Original Post)
Justice wanted
Mar 2012
OP
madokie
(51,076 posts)1. I wish I could remember why Martha was targeted
I always felt that she was wrongly convicted. She showed such class in all this though that it made me like her even more if that was possible.
ejpoeta
(8,933 posts)3. I was never a big fan of martha stewart, but i too felt she shouldn't have been
charged or sent to jail for that. And for sure if she did, then the congress should go to jail. They've carved out a nice little life for themselves up on capital hill haven't they. Set themselves up really nice.
madokie
(51,076 posts)4. Its seems congress is a road to riches
xchrom
(108,903 posts)2. Du rec. Nt