Wednesday, May 25, 2011

Members of Congress Found to Get ‘Abnormally High’ Stock Returns Read more: Members of Congress Found to Get ‘Abnormally High’ Stock Returns

"A new study has found that investments held by members of Congress significantly outpace the broader market, raising questions about insider information available to elected officials — but not to ordinary Americans.

The study of stock investments by members of the House of Representatives replicates a previous study of U.S. Senators’ investments with similar results: House members were able to exceed the market’s gains by 55 basis points per month, more than 6 percent a year."
[MoneyNews]

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