As a longtime insider to the finance world, it’s not often that The Daily Beast’s Zachary Karabell is genuinely shocked by financial misconduct—but this is one of those times. Following Newsweek and 60 Minutes reports of quasi-insider trading in Congress, an outraged Karabell calls for the shady practice to be declared an ethical violation that carries serious censure. “That Congress has fewer ethical restrictions than either journalists or bankers ... says something about just how ethically challenged Congress actually is.”
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