1 Timothy P. Carney, The Washington Examiner, August 3, 2011,


3 Alan J. Ziobrowski, Ping Cheng, James W. Boyd, and Brigitte J. Ziobrowski, “Abnormal Returns from the Common Stock Investments of the U.S. Senate,” Journal of Financial and Quantitative Analysis 39(4), December 2004.

4 Brad M. Barber and Terrence Odean, “Trading Is Hazardous to Your Wealth: The Common Stock Investment Performance of Individual Investors,” Journal of Finance 55(2), April 2000.

5 Leslie A. Jeng, Richard J. Zeckhauser, and Andrew Metrick, “Estimating the Returns to Insider Trading: A Performance-Evaluation Perspective,” Review of Economics and Statistics, May 2003, 453–471.

6 Ziobrowski et al.

7 Peter Schweizer, Throw Them All Out: How Politicians and Their Friends Get Rich Off Insider Stock Tips, Land Deals, and Cronyism that Would Send the Rest of Us to Prison (New York: Houghton Mifflin Harcourt, 2011).

8 Ibid., p. 54.

9 Ibid., pp. 38–50.

10 Aliyah Shahid, “House Minority Leader Nancy Pelosi's Wealth Grows 62% to $35.2M, Boehner, Reid's Worth Increases Too,” New York Daily News, June 16, 2011,

11 Schweizer, pp. 42–46.

12 Ibid.

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