The next national election is now less than a year away and congressmen and senators are expending much of their time and their energy raising the millions of dollars in campaign funds they’ll need just to hold onto a job that pays $174,000 a year.
Few of them are doing it for the salary and all of them will say they are doing it to serve thepublic. But there are other benefits: Power, prestige, and the opportunity to become a Washington insider with access to information and connections that no one else has, in anenvironment of privilege where rules that govern the rest of the country, don’t always apply to them.
If you have not seen this already you MUST watch this. Bookmark if you dont have time to view now or read the transcript. This should outrage Democrats, Republicans, Independents etc. alike.
Corsair Capital, the event-driven long-short equity hedge fund, gained 6.6% net during the second quarter, bringing its year-to-date performance to 17.5%. Q2 2021 hedge fund letters, conferences and more According to a copy of the hedge fund's second-quarter letter to investors, a copy of which of ValueWalk has been able to review, the largest contributor Read More
Full video and transcript embedded below:
60 Minutes Insider Trading