Posts Tagged ‘Congress’

specifically as it applies to insider trading. Bachus is the most glaring example of this activity but it’s a “privilege” they all enjoy.

 

…this is no surprise to me.  It is the inevitable outcome of the policy of Congress and the Fed to bailout the corporations and not mandate any action to mitigate the impact to the consumer.  In doing so, they broke the rule of law and the spirit of fairness in our country.  I have no issue whatsoever with a homedebtor who chooses to strategically default; the bank would do the same in a heartbeat if it made sense for their balance sheet.  Turnabout is fair play.