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Column: Congress Does an End Run Around Insider Trading Rules

Insider trading, Merriam-Webster tell us, is “the illegal use of information available only to insiders in order to make a profit in financial trading.” In 2011, conservative think-tanker Peter Schweizer wrote a book about legal but unethical financial trading. It was titled “Throw Them All Out.” It described how members of Congress legally traded stocks after learning of nonpublic information that would influence stock prices. The news show “60 Minutes” verified Schweizer’s claims, then interviewed him on TV on Sunday, Nov. 13, 2011. Insider trading had been illegal for corporate executives since enactment of the Securities Exchange Act (SEA) in 1934. But it failed to include Congress and its employees, leaving them free as a bird to line their own pockets. There’s a Latin phrase that describes this scenario: “Quis custodiet ipsos custodes?” Loosely translated, it asks, “Who watches the watchers?”

Oscars pit 2 Pittsburgh natives in production design race

Maria Sciullo David Lee/Netflix Actors Michael Potts, Glynn Turman and Colman Domingo stride along the “Ma Rainey’s Black Bottom” set on Pittsburgh’s North Side. David Lee/Netflix Viola Davis, “Ma Rainey’s Black Bottom” director George C. Wolfe and Chadwick Boseman discuss a scene. Diana Stoughton Murrysville native Diana Stoughton is up for an Academy Award as set decorator for the film “Ma Rainey’s Black Bottom.” Jan Pascale Beechview’s Jan Pascale is up for an Academy Award as set decorator for the film Mank. Nikolai Loveikis | Netflix Gary Oldman as Herman J. Mankiwicz in Netflix’s “Mank.” Production design by Donald Graham Burt and Pittsburgh native Jan Pascale is up for an Oscar.

Versatile Rap Artist Releases Hot New Single

D1MediaGroup Looks like it is time for a playlist upgrade with artist Yung Tae’s music MONESSEN, PENNSYLVANIA, UNITED STATES, April 23, 2021 /EINPresswire.com/ Artist Yung Tae is all set to release a new Mixtape on the 30th of this month, with plenty of musical talent packed in it. Titled “Back In Mode,” Yung Tae has produced the track in collaboration with Tommy Cole, Jbrown, YT and D1MediaGroup . Audiences, especially those who will be listening to his music for the first time, can expect to be pleasantly surprised. The up-and-coming artist is dedicated to creating music that takes the listener on an exciting journey. With the potential to surprise, subvert, and still make one feel good, audiences can expect to feel inspired after listening to Yung Tae’s compositions. The artist’s music will get one pumped enough to get out, take decisive action, and do something with one’s life.

Thomas Gregory Pappas

Thomas Gregory Pappas Special to The Oak Ridger Thomas G. Pappas Sr., 99 years old, went home to be with the Lord on April 13, 2021. He was born Feb. 16, 1922 in Monessen, Pa., the oldest son of Gregory and Augustina Pappas. In his early years, he grew up in Follansbee, W.Va., where he graduated high school in 1940. He graduated from Tennessee Tech, where he earned his Chemical Engineering degree. After graduation, he served our nation in the U.S. Army, where he spent the next six weeks at basic training and then was shipped to Germany as a photo lithographer at the Battle of the Bulge. While in the Army he received several Medals and Ribbons and left with an Honorable Discharge.

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