iOS app Android app More
December 18, 2014

The Coin of the Realm: How Inside Traders Are Rigging America

None of this would be a problem if the only goal were economic efficiency. The faster financial markets adjust to all available information, confidential or not, the more efficient they become. But profiting off inside information that's not available to average investors strikes many as unfair. The "coin of the realm" on Wall Street and in corporate boardrooms is contributing to the savage inequalities of American life. If Congress and the Securities and Exchange Commission wanted to reverse this and remove one of the largest privileges of the realm, they could. But they won't, because those who utilize those coins also have a great deal of political power.

Presidents, Popes And Spies: How The Cuba Deal Came Together

Cuba
Getty

U.S., Cuba To Restore Ties After 50 Years

Obama Grants Clemency For Drug Offenders Set To Die Behind Bars

Obama
AP

More Politics
Rubio: Nice Try.. Barber Defeated.. Statehouse Nativity Drama.. Trump Slams Bush.. GOPers On Cuba

Putin Accuses West Of Trying To Sideline Russia

Putin
DMITRY SEREBRYAKOV via Getty Images

More WorldPost
Pakistan Backfire.. A Crucial Ballot.. Al Shabaab Caliphate?.. Libya War Revival.. ISIS Battle In Sinjar

SPINELESS: Sony, Theaters Cave To Terror Threat

Interview
Sony

No Planned Release For 'The Interview'... U.S. Officials: North Korea Behind Sony Hack

The Morning Email: Global Life Expectancy Jumps 6 Years

REPORT: 786 Abused Kids Died In Plain View Of Child Protection Authorities

Child
Getty

More Crime
786 Children Killed.. Sexual Assault Case.. Cyberattacks.. Uber Driver Rape.. Pennsylvania Killer

The 2014 Stories That Left Us With A Lot Of Unanswered Questions

Malaysia Flight 370
MANAN VATSYAYANA via Getty Images

More Media
Hillary Clinton Flops.. Trump Slams Bush.. NYT Layoffs.. OMG, Sharon!.. O'Reilly Said WHAT!?

Car Plows Through Crowd Outside Christmas Concert

Redondo Beach
Fox 11

Nigeria Sentences 54 Soldiers To Death For Not Fighting Boko Haram

Boko Haram
Getty

Suspected Boko Haram Gunmen Kidnap Over 100 Women And Children... Cameroon Army Says It Killed 116 Boko Haram Militants

Israel Hit With Back-To-Back Blows

Netanyahu
Ronny Hartmann via Getty Images

U.S. Wealth Gap Hits Record High

Pew Research Center
Pew Research Center

More Business
GM Death Toll.. RIP Radioshack.. Uber Fail.. NRA Winning.. Corporate America's Diversity Problem

What A Fired Qdoba Worker Tells Us About The Fast-Food Strikes

Rosavelasquez
Courtesy Rosa Velasquez

Marco Rubio Vows To Unravel Obama's Cuba Deal

Marco Rubio Cuba
ASSOCIATED PRESS

GOP Opposes Cuba, But Not Other Human Rights Abusers

Pat Robertson Predicts Gays 'Will Die Out'

Pat Robertson
700 Club

More Gay Voices
'Duck Dynasty' Star's New Gay Controversy.. Did Harry Potter Have A Gay Classmate At Hogwarts?

New York State To Ban Fracking

Andrew Cuomo
ASSOCIATED PRESS

More Green
'Great Extinction'.. Warm Alaska.. Electric Car Problem.. Penguin Chick.. Heat Record.. Pet Tattoos.. UN

Boston Uber Driver Accused Of Raping Passenger In Back Seat

Uber
shutterstock

Plans For North Korea Movie Starring Steve Carell Scrapped

Steve Carell
Chris Pizzello/Invision/AP

Avon Hit With $135 Million Penalty For Bribes

Avon
AVON

Lawmaker Wants Women To Get A Man's Permission To Have An Abortion

Rick Brattin
File Photo

Pennsylvania Killer Did Not Stab Himself To Death As Initially Reported

Bradley Stone
Handout via Getty Images

Obama On Threats Over Sony Film: People Should 'Go To The Movies'

Obama
ASSOCIATED PRESS

Here's Why The New U.S.-Cuba Policy Is So Momentous

Havana Cuba
YAMIL LAGE via Getty Images

More Latino Voices
RIP #Chespirito.. Jane The Virgin Stigma.. Rico Suave Infidelity.. Bye Pepe Mujica.. #USTired2

Report: Christie's Wife Profited Off Shady Pension Deal

Chris Christie
Kena Betancur via Getty Images

The Intriguing Backstory Of How Pope John Paul II Ushered In The Cuba Deal

Catholic Church Cuba
ASSOCIATED PRESS

More Religion
Hanukkah Lights.. Serial's Religious Element.. Vatican Nun Report.. Christmas In Baghdad

Teenager Executed For Murder Exonerated 70 Years Later

George Stinney
ASSOCIATED PRESS

Texas Plumber Not Sure How ISIS Ended Up With His Truck

Plumber Truck
KHOU

UPenn Fraternity Suspended For Using Beyonce Blow Up Doll In Photo

Blowupdoll
Phi Delta Theta

The Senate Cements Obama's Judicial Legacy

460472940
Pool via Getty Images

Ex-Classmate Charged In Connection With Woman's Disappearance

Enrique Gutierrez Arochi
Plano Police / Contributed

Meet The 'Cuban Five' At The Center Of The U.S.-Cuba Accord

Cuban Five
ASSOCIATED PRESS

This Is What Holidays Are Like For Many Low-Wage Americans

Employee Stock Shelves
Bloomberg via Getty Images

Sony Reportedly Discussed Ending Of 'The Interview' With U.S. Government

The Interview Us Government
Sony

Jon Stewart Calls New Budget 'The Bill Cosby Of Legislation'

Jon Stewart
Comedy Central

More Comedy
29 Hungover Animals.. 'Serial' Finale Spoof.. Timberlake & Fallon Camp Out.. Cats vs. Christmas

Over 230 Bodies Found In Mass Grave In Syria, ISIS Suspected

Syria
- via Getty Images

The Real Reason Tesla Is Tanking

Elon Musk
Kevork Djansezian via Getty Images

FOLLOW HUFFPOST

    1. HuffPost
    1. HuffPost
    1. HuffPost
    2. View all RSS feeds

Texas Theater To Show 'Team America' Instead Of 'The Interview'

Team America
YouTube

More Entertainment
Last Parks & Rec Trailer.. Big 'GoT' News.. Obama's Fave Movie.. Collins' Confession.. Chastain..

Why Stephen Colbert Must Make Nice With Conservatives

Stephen Colbert
Bloomberg via Getty Images

More HuffPost Live
'Selma' Star.. Dave Navarro Talks Mom's Murder.. NeNe On Andy Cohen.. Unlimited Vacay Policy?

A Brief And Beautiful Guide To The History Of Erotic Art (NSFW)

Ero

More Arts
Your Artsy Holiday Gift Guide.. Best Art Books.. Music Videos Of The Year.. Seeing Through A Veil

Your 29th 'Survivor' Winner

Survivor
CBS

More TV
In Memoriam: TV In 2014.. Christina Hendricks' New Show.. 'Parks & Rec'.. 'Newsroom'.. New On Netflix

What Drives A Teen To Kill A Friend?

Teen Bully
JOHN GOMEZ via Getty Images

More Dr. Phil
How Kids Can Be Their Best.. Christmas Wish Granted.. Start Weight Loss With This.. Dating Tips

Distant Galaxies Put On Spectacular Light Show

Galaxy Grazing Encounter
NASA/CXC/SAO/S.Mineo et al, NASA/STScI, Infr

More Science
Bird Hearing Explained.. Comet's True Color Revealed.. Alcatraz Study.. Why Does Time Move Forward?

The Best Way To De-Stress This Holiday Season

Happy In Winter
Sam Edwards via Getty Images

More Healthy Living
6 Toning Moves.. Alcohol & Sleep.. Pain Psychological?.. Running Armband.. Weight Disappears

Now You Can Speak Elvish

Legolas
DR

More Books
Awesome New Books.. Ode To Online Diaries.. Best Holiday Stories.. Notebooks.. J.K. Rowling

Researchers Say This Factor Could Double A Child's Risk Of Autism

Pregnant Mom
moodboard via Getty Images

More Parents
Funny Tweets.. Hardest Part Of Autism.. To The Mom I Used To Be.. Layaway Angel.. Confused Toddler

Ben & Jerry's Releases New Flavor

Peanut Butter Half Baked
Ben & Jerry's

More Taste
Ugly Produce.. Christmas Ham Recipes.. Grandma Pie.. Food Storage Tips.. Spill-Free Wine Glass

The Most Important Plus-Size Moments Of The Year

Danielle Marquita Ashley
Getty

More Style
Burberry's Hot New Ad.. A Colorful Year For Nicole Richie.. NYC's Holiday Windows.. The Best Gifts Ever

5 Tech Gifts Procrastinators Should Buy Now

Parrot Mini Drone
STAN HONDA via Getty Images

More Tech
Shipping Deadlines.. Sprint Sued.. Napster Pledge.. Star Wars Gifts.. Viral Videos 2014.. New On Instagram

NFL Player: It's Worth Dying '10 To 15 Years Early'

Chris Conte
Jonathan Daniel via Getty Images

More Sports
Kobe Passes MJ.. NHL Mumps.. Champions League Heisman Winner.. '15 Contenders.. Player Killed

The Difference Between Pulling Over A Black Driver And A White Driver

Black Driver
Blend Images - Hill Street Studios via Getty Images

What To Know About Traveling To Cuba

Havana
Walter Bibikow via Getty Images

More Travel
Least Visited Spot.. Long Flight Tips.. Xmas Towns.. Best Beach Hotels.. Dessert ♥er's NYC.. Evanston!

12 Times Online Dating Made Us Question Humanity

Online Dating Fails 2014
Tinder Nightmares

HuffPost PJs!

Pjs
Damon Dahlen/Huffington Post

See A New Teaser For The Final Season Of 'Parks And Rec'

Parks And Rec
NBC

What Celebrities Are Saying About Sony Canceling 'The Interview'

Celebs Interview
Sony Pictures

More Celebrity
Britney's New Cover.. Top Instagram Moments.. Ohhh, Kim.. Cropped Topped J.Lo.. Lovely Sienna

How You Do Holiday Cards When You're Single

Single Sister Holiday
Imgur

More Women
Childfree Truths... Every Guy On Tinder.. Single Holiday Cards.. 'How To Meet Women On The Subway'

'7th Heaven' Star Confesses After Child Molestation Allegations

Stephen Collins
Albert L. Ortega via Getty Images

Is Celtuce The Next Kale?

Celtuce
Andrea Sperling via Getty Images

Victoria's Secret Is On A Tear

Victorias Secret Fashion Show
Joel Ryan/Invision/AP

WATCH: Dog Takes On Frisbee. Frisbee Wins

Dog Vs Frisbee
Eli Jacks / YouTube

More Good News
Star Wars Light Show.. Abused Pup Gets Love.. JT's Sweet Fan Interaction..Tortoise Pals

14-Year-Old's Whitney Houston Cover Is Just Stellar

Whitney Houston
YouTube/Jada Burke

More Teen
How Much Homework Teens Do Around The World.. College App Real Talk.. Make Your Vine Go Viral

The Most Powerful Way To Respond To Negative People

Two Women Argument Home
Fabrice LEROUGE via Getty Images

More OWN
The New ADHD Debate.. Brainpower Breakfast.. The Only Way To Heal.. Cut Your Sugar Intake In Half

Roller-Skating Man Elevates The Ring Bearer Game

Wedding Entrance
Steve Conway Photography/Instagram

More Weddings
What Happy Couples Do.. Fun Wedding Ideas.. How Married People Text.. Lasting Marriage.. Etsy

23 Things That Didn't Even Exist A Year Ago But Are Absolutely Vital Now

John Oliver America
Last Week Tonight

Robin Williams' Son Speaks About Late Father

101969267
Kevin Winter via Getty Images

14 Things That Will Be More Expensive Next Year

The Secret For Wrinkle-Free Clothes

Wrinkled Clothes
MattZ90 via Getty Images

Czech Homeowners Discover Sacred Item Hidden By Jews In WWII

Terezin Jewish
Jialiang Gao via Getty Images