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It seems like you’re suggesting to pay them better to make up for the loss of an ability to insider trade without any risk. Allowing that behavior totally break
by aganame 6y ago
It seems like you’re suggesting to pay them better to make up for the loss of an ability to insider trade without any risk. Allowing that behavior totally breaks the stock market system.
Elected officials should be forced to let go of all their assets to a neutral 3rd party asset manager who they’re allowed zero communication with during the time of their service.
- gitgudnubs 6y agoHe's suggesting we pay them better to make up for depriving them of vehicles private citizens can use. It's not unreasonable to strip them of those vehicles to prevent insider trading. It's not unreasonable to compensate them for losing those vehicles.
- gok 6y agoAll their assets? How about their homes?
- tobessebot 6y agoThis seems like it would suffer from the principal-agent problem.
- roguas 6y agoZero communication is unfeasible. They can communicate public and express investment intentions through that.