Ok, Jackasses, HOW Did This Happen?

by Karl Denninger

Explain it folks.

A sitting Congressman is on the board of a publicly-traded company.

Granted, a company not based in the US, but nonetheless explain to me exactly how and why this is legitimate, tolerated, and permitted by the US House?

Now he’s been indicted for insider trading and has refused to resign. But that’s not the story.

The story is how is it that he came to be in Congress and on the board of the firm at the same time?

Continue Reading at Market-Ticker.org…

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