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Wednesday, May 25, 2011

Study: Lawmakers Outperform on Stock Investments

A new study says Congress members routinely outperform the stock market in their personal investments. Researchers poured over some 16,000 stock transactions by around 300 lawmakers from 1985 through 2001, finding what they called "significant positive abnormal returns" of around six percent per year. The report speculates the lawmakers’ gains could stem from their ability to trade on non-public information and to vote in favor of their economic interests.

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