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The big surge in health care stocks earlier this month just prior to the government's decision...

The big surge in health care stocks earlier this month just prior to the government's decision on Medicare Advantage rates may have been due to an email to sent by a former top congressional aide who now happens to be an outside lobbyist for Humana (HUM -1.9%). The email, which is now subject to an SEC probe, was sent to a Washington investment-research firm and circulated to clients just minutes before the close of trading, saying that "credible sources" had told them a decision had been made to restore the payments.
Comments (4)
  • justaminute
    , contributor
    Comments (581) | Send Message
     
    The corruption that is rampant in the US government and business is astounding.
    17 Apr 2013, 12:39 PM Reply Like
  • davidbdc
    , contributor
    Comments (3154) | Send Message
     
    A former public official, working as a lobbyist, passing information to the financial elite?

     

    No investigation is needed - thats just SOP.
    17 Apr 2013, 12:40 PM Reply Like
  • youngman442002
    , contributor
    Comments (5131) | Send Message
     
    and now the congressional aids no longer have to worry about insider information to trade..the reporting of it was voted down today....2 sets of rules..one for us..one for them...
    17 Apr 2013, 12:58 PM Reply Like
  • davidingeorgia
    , contributor
    Comments (2713) | Send Message
     
    The Revolving Door [tm] keeps right on spinning...
    17 Apr 2013, 01:27 PM Reply Like
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