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Transcripts For CNNW Anderson Cooper 360 20111202

stock by corporate insiders who have access to nonpublic information that could affect the stock price can be a criminal offense. just ask hedge fund manager roj roger rat number who got prison for doing it. congressional lawmakers have no corporate responsibilities and have long been considered exempt from insider trading laws. even though they have daily access to nonpublic information and plenty of opportunities to trade on it. we know that during the healthcare debate, people were trading healthcare stocks. we know that during the financial crisis of 2008, they were getting out of the market before the rest of america knew what was going on. steve croft from 60 minutes is going to join us in a moment. what was going on was gop congressmen like spencer back us of alabama and fellows of the house financial services committee were getting dire top secret briefings on the crisis from treasury secretary hank paulson. at the same time, according to 60 minutes, congressman b

Detailed text transcripts for TV channel - MSNBC - 20110731:23:35:00

suit, but for every single member under half the house, you have to have a came mention rat number above half of republicans to make up for it. the magic number is 216. it s a difficult position for any leader to be in considering that in this case both the base of the democrat he can party as luke was explaining and the base of the republican party really dissp d decembspise what s being worked here. nancy pelosi came out of her office and set the bar nice and low, taking the pressure off of her caucus saying i don t think i can get half of my caucus to go along with this. now the pressure on john boehner, of course uneasy lies ahead wears the crown. this is a huge challenge for boehner because the base of the political base, the conservatives, the miss cal conservative, not to mention the tea party and won t you get down to it, you look it at the people who are against it,

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