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CNNW Anderson Cooper 360 December 2, 2011

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, congres ....

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America Reports With John Roberts Sandra Smith

America Reports With John Roberts Sandra Smith
comparemela.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from comparemela.com Daily Mail and Mail on Sunday newspapers.

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