“Let’s assume for a second Brook that you’re a United States Senator. If I come into your office and I give you a shoe box with $10,000 of cold hard cash in it, and I hand it to you, that’s bribery. If we get caught, both of us are going to jail.
But if I come in to your office and instead say, “Look, I’m going to give you access to preferred IPO shares (Initial Public Offering shares) of stock, and if you buy these it’s going to net you $100,000 in a single day, that’s completely legal, and it goes on quite regularly.”—Peter Schweizer
I.M. Kane
CNN Rediscovers Congressional Insider Trading Scandal After Obama’s Call For Ban 3:26 Video
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