Thanks to a loophole in federal law, those elected to Congress are allowed to use inside information to buy and sell stock. Some allegedly take advantage of the information for personal gain. [More]
outsider trading
Congress Won't Let Traders Gamble On Hollywood Box Office
By 6.28.10
If you were planning on putting your kids through college based on your foreknowledge that Toy Story 3 was going to rock the box office, you’ll need to do your gambling on the black market, because Congress has banned Hollywood box office futures trading. [More]
