Friday, January 20, 2006

Republican Insider Trading Scandal

Allegedly, Senate Majority Leader Bill Frist (R-TN) and former House Majority Leader Tom DeLay (R-TX) had "day traders" in their offices trading on inside information about pending legislation.

"An article that ran below the radar in November revealed the "day trading" practice, in which little-known firms use sources in Congress to glean information relevant to publicly-traded stocks."

Read the rest: The Raw Story

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