Monday, November 21, 2011

Insider Trading for senators

1.What is your opinion of the topic of the video? Explain.- The information that the reporter found and talked about in this video is very maddening because it is showing that the people who run our country and the people who we trust to do what is best for the U.S. are for the most part, Dishonest and immoral Dirtbags. In my opinion the trading that these senators are doing is extremely unethical and even though it is legal, they should not be doing it. Not only is it unfair to the rest of the country who would get thrown in jail for it, it can color their judgement enough to affect their decisions on bills and cause them to not do what is best for the country.

2.What can you do about your opinion? how can you make it count?-Well as we saw by the video, we cannot do anything because these people are just going to deny everything and even if a law is put up to stop this trading, nobody will back it.

3.What is insider trading? What was the information that caused Martha Stuart to go to jail?- insider trading is when you make a trade in the stock market using information that is not available to the rest of the public. She went to jail because she profited from stock information that was not available to the rest of the public.

4.what is Black Friday? When did it get its name? What is Cyber monday?-black friday is the friday after Thanksgiving when retailers lower their prices huge amounts. It got its name on the day the stock market crashed. Cyber Monday is exactly like Black Fiiday except with internet retailers.

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