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Videos
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The Law Banning Congressional Insider Trading Isn’t Enough to Stop It
The law banning members of Congress from insider trading should be upgraded in light of the frantic stock trading on Capitol Hill during the coronavirus pandemic, the bill’s author, Senator Kirsten Gillibrand (D-NY), told VICE News. Members of Congress should be banned from owning individual stocks altogether, and the sharing of “political intelligence” with outsiders should have to be disclosed, Gillibrand said. Her remarks follow waves of outrage over members of Congress selling millions worth of shares before the market tanked over fears of coronavirus. In some cases, those sales came after closed-door briefings about the virus.
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The Ashley Madison Hack
After Ashley Madison, a hook-up site for married people, got hacked, its users weren’t the only ones exposed. Turns out the cheating site may have been cheating its own customers.
