18-Nov-2011

Advice for Indian Politicians

Who want to make quick money:  Get with the times.  Change your methods.  Learn.  There is an easier way to make easy money.  No taint of the 'C' word attached too!  Link.
As many as a dozen members of Congress and their aides took part in insider trading based on foreknowledge of market moving information on Capitol Hill, disgraced Washington lobbyist Jack Abramoff told CNBC in an interview. 
Abramoff, who was once one of the wealthiest and most powerful lobbyists in Washington before a corruption scandal sent him to federal prison for more than three years, said that many of those members of Congress bragged to him about their stock trading prowess while dining at the exclusive restaurant he owned on Pennsylvania Avenue.
60 Minutes on the same issue:


Hey, if the elected reps of the US are doing it, it must be fine!

PS: Top Favorite Stock Holdings of Congress

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