Articles Archive for 23 July 2012
Risky Business, Taking Stock »
Washington (CNN) – It was a rare show of bipartisanship – President Barack Obama, flanked by Democrats and Republicans in April, signing into law a bill that would ban insider trading on Capitol Hill. The measure, known as the STOCK Act, had passed the House and Senate at warp speed.
“The powerful shouldn’t get to create one set of rules for themselves and another set of rules for everybody else,” the president said at the time.
Lawmakers proclaimed that the bill, officially called the Stop Trading on Congressional Knowledge Act, would restore …