Senators have criticized Goldman Sachs Group Inc. for profiting from the housing collapse. And Congress is considering legislation to curb Wall Street risk-taking, including the use of financial instruments known as derivatives and of leverage, or methods that amplify returns.
According to The Journal's analysis of congressional disclosures, investment accounts of 13 members of Congress or their spouses show bearish bets made in 2008 via exchange-traded funds—portfolios that trade like stocks and mirror an index. These funds were leveraged; they used derivatives and other techniques to magnify the daily moves of the index they track.
Far-reaching legislation to grant a chance at citizenship to millions of immigrants living illegally in the...
Sen. Elizabeth Warren introduced her first standalone piece of legislation Wednesday, calling for the government to...
More than half of common plant species and a third of animals could see a serious...
U.S. Senate Judiciary Committee Chairman Patrick Leahy on Tuesday proposed a gay rights amendment to the...
