Members of Congress are damned smart investors

| May 24, 2011 | 1 Reply

Or maybe not. Dan Froomkin reports on recent findings by university researchers who found that representatives beat the market by 6 percent while senators beat the market by 10 percent:

What’s their secret? The report speculates, but does not conclude, it could have something to do with the ability members of Congress have to trade on non-public information or to vote their own pocketbooks — or both.

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Category: Corruption, Politics

About the Author ()

Erich Vieth is an attorney focusing on consumer law litigation and appellate practice. He is also a working musician and a writer, having founded Dangerous Intersection in 2006. Erich and his wife, Anne Jay, live in the Shaw Neighborhood of St. Louis, Missouri, where they are raising their two extraordinary daughters.

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