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User ID: 5312559 United States 11/14/2011 12:13 AM Report Abusive Post Report Copyright Violation | Congress Insider trading on 60 Minutes [ link to www.cbsnews.com] "Nobody would talk to us." That's what 60 Minutes correspondent Steve Kroft says happened when he tried to get members of Congress to talk about "insider trading" on Capitol Hill. It turns out that it is not illegal for member of Congress to make stock trades using inside information they learn while working on legislation, and Steve had some questions about some specific stock trades. Since nobody involved would give him an interview, Steve had to find other ways to get some answers. As you'll see on Overtime this week, Steve looked for some lawmakers at their homes, attempted to track others down in their offices, and finally ended up asking questions at press conferences held by Nancy Pelosi and John Boehner. |
Anonymous Coward User ID: 5266819 United States 11/14/2011 12:17 AM Report Abusive Post Report Copyright Violation | Re: Congress Insider trading on 60 Minutes Congress, crooked? What a shocker! |
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User ID: 5241977 United States 11/14/2011 01:02 AM Report Abusive Post Report Copyright Violation | Re: Congress Insider trading on 60 Minutes I heard the sky is blue too. |
Anonymous Coward User ID: 5339033 United States 11/14/2011 01:56 AM Report Abusive Post Report Copyright Violation | Re: Congress Insider trading on 60 Minutes
They always write legislation that they are excluded from. Insider trading is only one of the many things they do that should be illegal. They should be held to the same standards as everyone else, but they wouldn't be able to make themselves rich if that was the case. Plus, they may have to go to jail occasionally, rather than receive a slap on the wrist and keep their seats in congress and senate. Many things need to change and this is only one of them. |