I understand the game is rigged. I’m just saying does this legally hold water? Is there a rule that fed chairman’s can’t buy stocks? It’s like that asshole Georgia senator who dumped her stocks before the covid crash. Was it unethical ? Hell yes. Was it illegal though?
I understand the game is rigged. I’m just saying does this legally hold water? Is there a rule that fed chairman’s can’t buy stocks? It’s like that asshole Georgia senator who dumped her stocks before the covid crash. Was it unethical ? Hell yes. Was it illegal though?
dumping stocks before the covid crash -- after receiving an intel briefing about what was on deck.
unethical, yes
illegal, still yes. it's called insider trading
You mean that sarcastically, right?
It’s textbook insider trading.
It’s legal for members of Congress tho…