Hedge Fund Managers Get Insider Info from Senators

Hedge Fund managers are paying to find out about legislation before it's made public in order to make huge profits. The Young Turks host Cenk Uygur breaks down a Wall Street Journal report on the story.

http://online.wsj.com/article/SB10001424052970204844504577100260349084878.html

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Category:

News & Politics

Tags:

• hedge fund public option
• inside capitol
• investor access
• hedge funds senators
• hedge fund senate
• hedge fund congress
• wall street journal
• brody mullins
• hedge fund managers
• walls street senators
• wall street congress
• walls street government
• susan pulliam

[TheWingflyer]

(Democrats) The FARCE is strong with this one.

(Republicans) Come over to the DARK side.

[aswanus909]

I want the government to stop socialism in America. Socialise the losses and privatize the profits, no that system will no longer suffice. It is sickening when corporations are asking for tax cuts when many of them don't even pay a dime. It is sickening when politicians bash the poor for welfare fraud when they are the biggest welfare fraudsters in the nation. Time to regulate the biggest piggy bank in the world.

[TheSportsbot]

All of the stocks are representative of Real Companies with Employees. real companies make jobs. the people running these funds and companies are the best at making jobs. they are the same people in financials because guess what- jobs, products and services generate money.

yeah that govt. inside info is not fair and not right (no idea about whats illegal here) and they should have people that are good at doing some important stuff do important stuff- especially when this stuff is needed.

[lbell1999]

This is a full blown case of insider trading that includes politicians!

[ElDiabloWhoppo]

@aswanus909. The issue is not socialism.

It doesn't matter what form of government, those with power will screw those with none (commie, fascist, socialist, capitalist or Islamic law)

Humans are a disease, we are not happy unless we feel we are superior to others (money, religion, power etc.)

If you feel outraged about behavior by the powerful, it simply means you have no power yourself

Welcome to my house, make yourself comfortable

[Mahhn]

To bad the FBI and CIA are just lackeys for these criminals, or they would be in jail.

[TheBluemnky13]

is that legal? not unlike martha stewart?

[OrganicHealer]

this CC option is hilarious

[MrRapperE]

Watch my videos and join my dictatorship