Tuesday, February 14, 2012

Insider stock trading by members of Congress

"As Congress examines members' trading, an echo from a bygone era" by David S. Hilzenrath, © Washington Post, February 13, 2012. (News Article)

"A construction company working on a huge federally funded project sold stock to members of Congress at discounted prices. The company, Credit Mobilier, hoped to enrich lawmakers and protect itself from damaging legislation ... (The investigation's findings are cited extensively in an 1873 history posted online by the Central Pacific Railroad Photographic History Museum.) ... " [More]

[Courtesy Google Alerts.]