Everyone in congress can ask for any secret stock information and act on it.
But that would be "insider trading" for us plebs
I should have worded it differently. But, yeah. Still I'm wondering why she spoke up about it in the first place. What it left me wondering was, maybe she had a few dogs in the race herself. Sometimes we find out what these bastards do, I think more often than not we don't find out.
True.
We don't have any clue how these "public servants" end up making millions in the span of a few years.
There was nothing secret about melvin capital's short https://www.institutionalinvestor.com/article/b1q8swwwtgr7nt/Buried-in-Reddit-the-Seeds-of-Melvin-Capital-s-Crisis
>The Reddit users were able to discover Melvin Capital’s short against GameStop because it was expressed in listed put options. Unlike most short positions in the U.S., those bets must be disclosed in filings with the Securities and Exchange Commission.
The shorts were not secret in this case. But most are, and congress gets the inside scoop.
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