Book: Rahm Emanuel dumped $250,000 in Freddie Mac stock days before it collapsed

Insider Trading?

Is it illegal? It might not be because:

While by no means illegal; lawmakers are exempted from the insider trading laws they impose on private traders.

At the least there are all sorts of potential and serious conflicts of interest, demonstrating that even Democrats are not immune from financial hanky panky.

Read the story here and get the details.

Comments

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  • Dennis ... Why this is a surprise is the surprise ... Who would be in a better position to know about the fate "Govt. Entity" than someone who might be called "the ultimate insider"?

    The fact that it's NOT illegal is also a yawner ... though just as infuriating as everything else that happens in the Beltway ... "Do as we say, not as we do."

    Government by, for, and of the people. OH PUHLEEZ.

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