Peter Schweizer responds Power Line
The claim that John Kerry has no incentive to transfer information for stock profit also doesn’t make sense.
Who cares if he is already rich?
Martha Stewart was worth more than $1 billion when she was charged with it.
Research indicates that insider trading is usually not about the money, but a sense of entitlement.
3. The claim by Jenkins and Scott here that this information is not all that valuable anyway also flies in the face of reality.
Hedge funds that are politically connected perform dramatically better than those that aren’t.
And hedge funds are paying lobbyists huge sums of money to tell them what bills will pass and when so they can execute trades on that information.
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