If you had asked me if members of Congress were exempt from insider trading before today, I would have said yes, of course. I would have argued that, with the kinds of information that our congressmen and -woman are privy to, they especially should not be allowed to use non-public information to trade stock for financial gain. Knowing when to buy or sell a stock when a company is about to have a contract terminated, or is about to come under congressional investigation, for example, is…
An economy of words.