trading on congressional knowledge

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    There's a new twist in an ongoing U.S. Securities and Exchange Commission (SEC) probe.

    For months now, the SEC has been investigating whether anyone in the federal government leaked inside information to a Washington-based investment research firm.

    While that was pretty juicy already, those investigators are now looking at up to 44 hedge funds that may have traded on that inside information.

    If you already thought our public servants were greedy, dirty, and corrupt, well, this helps prove your case.

    If, on the other hand, you think our folks in D.C. are pure, altruistic angels, today I'm going to convince you otherwise... Full Story

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