The following editorial first appeared in the Dallas Morning News:
Psst. Got a hot stock tip. XYZ Mega Corp. will get a big government contract. Buy its stock. I know this because I’ve been sitting in on the meetings.
Let’s say you were an executive of XYZ Mega Corp. and authored this tip; you would be in violation of insider trading laws. But if you were a member of Congress, you’d get to skirt the law that would land constituents in jail.
Well, so much for public trust and fairness.