track to passage, a fast track that seemed to have been created a few weeks ago after steve croft on 60 minutes revealed that congress members were legally allowed to use inside information, information they learned through briefings or reports to make money, something regular people like us would be arrested for. why does congress get a pass on this? it s really the way the rules have been defined and the people who make the rules are the political class in washington and they ve conveniently written them in such a way that they don t apply to themselves. the buying and selling of stock by corporate insiders who have access to nonpublic information that can affect the stock price can be a criminal offense. just ask raj rajaratnam, who got 11 years for doing it. but 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 opportuni
that bill has been put back on the shelf. till tonight it appeared as if the legislation was on a fast track to passage, a fast track that seemed to have been created a few weeks ago after steve croft on 60 minutes revealed that congress members were legally allowed to use inside information, information they learned through briefings or reports to make money, something regular people like us would be arrested for. why does congress get a pass on this? it s really the way the rules have been defined and the people who make the rules are the political class in washington and they ve conveniently written them in such a way that they don t apply to themselves. the buying and selling of stock by corporate insiders who have access to nonpublic information that can affect the stock price can be a criminal offense. just ask raj rajaratnam, who got 11 years in prison for doing it. but congressional lawmakers have no corporate responsibilities and have long been considered exe
track to passage, a fast track that seemed to have been created a few weeks ago after steve croft on 60 minutes revealed that congress members were legally allowed to use inside information that they learn in briefings or reports to make money, something like regular people like us would be arrested for. why does congress get a pass on this? it s really the way the rules have been defined and the people who make the rules are the political class in washington and they ve conveniently written them in such a way that they don t apply to themselves. the buying and selling of stock by corporate insiders who have access to nonpublic information that can affect the stock price can be a criminal offense. just have raj who got 11 years for doing it. but 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.
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
the buying and selling of 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 raj, who got prison for congressional lawmakers have no doing it. 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